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Alan proposes low tax regime in Ghana

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 Independent Presidential candidate and Leader of the Movement for Change, Alan Kyerematen says he will introduce a law tax regime in Ghana if he becomes president. To him, high taxes serve as a disincentive for businesses to grow to create more jobs. In his view, there are other ways to raise revenue without necessarily introducing
The post Alan proposes low tax regime in Ghana first appeared on 3News.  

Independent Presidential candidate and Leader of the Movement for Change, Alan Kyerematen says he will introduce a law tax regime in Ghana if he becomes president.

To him, high taxes serve as a disincentive for businesses to grow to create more jobs.

In his view, there are other ways to raise revenue without necessarily introducing more taxes.

“Dealing with corruption and blocking leakages will save money for development without introducing more taxes, he said on the New Day show on TV3 on Monday, July 1.

He added “Taxes contribute to the cost of production, with high taxes prices will go up and that’s a major problem for consumers. You need to bring the taxes down that is what I am proposing the low tax regime in the subregion. This will make companies more competitive, then you will get more revenue.”

Regarding the upcoming general elections, he told the electorate to interrogate the lifestyle and character of all persons standing for various positions in the 2024 general elections.

This, he said will determine who is fit for the position they are vying for.

He said “Interrogate or audit the lifestyle, characters, and disposition of the people they are voting for. that will help you know whether they are humble or not. The arrogance of power limits the capacity to do what you are supposed to do.”

He further stated that an independent leader is needed to unite the country to realize the needed development.

Mr Kyerematen said that Ghana is at a crossroads because of the economic crisis, a situation that requires an independent person to bring together the country to tackle, he said.

“We need an independent and honest leader who will unite the country, our country is so polarised. Ghana is at a crossroads and where we are now with the crisis, we must go beyond this type of politics. Yes I want to be president, God has endowed me with the skills but we need to bring the country together,” he said.

Mr Kyerematen had made a number of promises inclduing an assurance to run a 40-man government of ministers and an array of new solutions to dealing with the country’s current challenges.

Ahead of the December 7 general elections, the race for who runs the leanest government is on with the opposition NDC having already promised to administer the country with just 60 ministers.

Vice President and flagbearer of the NPP, Dr Mahamudu Bawumia has on his own promised to rule with just 50 ministers.

Outdooring his Great Transformational Plan; a manifesto for the Movement for Change, the former Trade Minister said a win for his movement come December 7 will see an administration with only 40 ministers.

“I will reduce the current size of government and run a lean executive administration consisting of not more than 40 ministers”, he told a filled conference room as they cheered loudly.

“Eliminate soul sourcing in public procurement and contracting to ensure value for money” according to Alan will inform one of the cardinal means to eliminating corruption within government public procurement.

On the issue of governance and an amendment to the longest serving constitution; the 1992 Constitution, Alan Kyerematen wants the tenure of presidents extended to afford governments enough time for development.

For him the Council of State must be abolished to pave way for a second parliamentary chamber.

“I will abolish the Council of State and establish a new second chamber of Parliament with representation from key stakeholders including the faith-based organizations, traditional authorities, professional bodies, artisanal associations, gender-based organizations, private sector, labour unions and people with disability” arguing this would allow for a proper representation of interest groups in the decision making of the country.

For Alan, the outdooring of the Great Transformational Plan sets him up as ready to wrestle power form the duopoly in the Ghanaian political landscape.

 

 

The post Alan proposes low tax regime in Ghana first appeared on 3News.

  

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