If you remove betting tax and E-Levy, where will revenue come from? - Joe Jackson to Mahama

Chief Executive Officer of Dalex Finance, Joe Jackson, has questioned how the incoming Mahama administration will generate revenue for development if it removes all the taxes it has promised to abolish.

In an interview with TV3 on December 13, 2024, Jackson stated that there would be significant challenges in managing the economy, particularly with the manifesto pledge to remove certain taxes, including the e-levy and betting tax.

“There has been a manifesto commitment to take out the e-levy, betting tax, and the COVID levy. So a lot of issues are going to come up, and I have no doubt in my mind that the challenge is going to be huge.

“You say you are going to remove tax A, B, C, D. But where is the money going to come from?” he asked.

It could be recalled that ahead of the 2024 general elections, National Democratic Congress (NDC) candidate John Dramani Mahama promised to scrap several ‘nuisance’ taxes within his first 100 days in office, arguing that these taxes burden Ghanaians.

The taxes include the e-levy, COVID levy, 10% levy on betting, emissions levy, and import duty on vehicles and equipment imported for industrial and agricultural purposes.

ID/OGB

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