21st August 2023 8:22:39 AM
1 min readThe Deputy Youth Organizer of the National Democratic Congress (NDC), Osman Ayariga, has criticized the government's imposition of a 10% tax on winnings from betting and lotteries.
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He labeled this taxation approach as a lazy means of generating revenue, often associated with incompetent administrations.
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Speaking to the media, Mr Ayariga expressed his disapproval of the tax, deeming it unjust and harsh on Ghanaian youth who heavily rely on betting for their livelihoods.
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He asserted that the tax is biased, favoring foreign businesses over Ghanaian citizens due to the existing tax regime. Ayariga contended that if foreign companies can deduct losses and pay taxes only on profits, it's unfair that ordinary citizens aren't allowed the same privilege. He criticized the government's approach of deducting a percentage from a single win, deeming it simplistic.
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Ayariga highlighted that a more comprehensive taxation system, where the Ghana Revenue Authority (GRA) profiles and calculates individual profits and losses, would be a fairer solution.
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Furthermore, he criticized the government's concerns about addiction, sarcastically suggesting that addiction to issues like corruption, lies, deception, and theft within the New Patriotic Party (NPP) should be the focal point of discussions.
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