George Krobea Asante
Sat, 10 Aug 2024
Source: classfmonline.com
The New Patriotic Party (NPP) has announced plans to abolish the 10% Value-Added Tax (VAT) on betting if Dr. Mahamudu Bawumia leads the next government.
Deputy National Communications Director George Krobea Asante explained that this move is intended to alleviate the economic burden on the youth and boost the economy.
The tax, introduced in 2023, sparked protests, as many young people see betting as a vital income source amid limited job opportunities.
The NPP believes eliminating this and other taxes will improve living standards and enhance economic growth.
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Source: classfmonline.com