I Do Not Believe Mobile Money Should Be Taxed – Bawumia’s Words Come Back To Haunt Him

Vice-President Mahamudu Bawumia has come under massive public scrutiny following after the reading of the 2022 National budget by the finance minister after his words said in the past have come back to haunt him and to prove that politicians will say just about anything to be voted into power.

Dr. Bawumi in an interview on Peace FM in August 2020, said he did not support the suggestion that mobile money transactions must be charged or taxed. “I don’t think Mobile Money should be taxed because most of the people who use the service are very poor people so if you put more taxes on it they will suffer,” he told Kwami Sefa Kayi in that interview.

But in direct contrast to the views held by the vice president in 2020 which should still be his views today, the New Patriotic Party (NPP) government has introduced a MoMo and e-transaction tax in the 2022 budget read by Finance Minister.

“Once the 2022 budget is approved, all electronic transactions in Ghana will attract an Electronic Transaction Levy or E-Levy, as part of moves by the government to shore up its revenue mobilisation,” Mr. Ofori-Atta told parliament on Wednesday, November 17, 2021.

Ghanaians are asking what has changed in the past year or two that a the Government of the vice-president who does not believe in taxing of mobile money transactions is now looking to go contrary to their vice-president.

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