13th January 2025 3:52:15 PM
1 min readGhanaians have been buzzing on social media after Cassiel Ato Forson, President John Mahama’s nominee for Minister of Finance, promised to remove the betting tax.While being vetted on Monday, January 13, 2025, Ato Forson explained that the tax brought in very little revenue for the country, so removing it wouldn't negatively affect the government's finances.The announcement has led to a mix of reactions from Ghanaians
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people are excited about the idea of getting rid of the betting tax, eagerly awaiting its removal.However, some were surprised to learn how little revenue the tax actually brought to the government.During his campaign, President John Mahama had promised to eliminate the betting tax that was introduced by the previous NPP government. The strong support for scrapping the tax shows just how
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unpopular it has been among Ghanaians.Betting tax is bringing in less than GHC 50m a year. Scrapping it won't harm the economy - Ato Forson— Serwaa Amihere (@Serwaa_Amihere) January 13, 2025 Betting tax is bringing in less than GHC 50m a year.
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Scrapping it won't harm the economy - Ato Forson— Serwaa Amihere (@Serwaa_Amihere) January 13, 2025 Yes the threshold is insignificant, The previous government is a thief government— BeeQuaye 🐝 (@Beequaye10) January 13, 2025 Betting tax is bringing in less than GHC 50m a year. Scrapping it won't harm the economy - Ato Forson— Serwaa Amihere (@Serwaa_Amihere) January 13, 2025
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