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Prof. Gyampo’s Take on The 2022 Budget Statement

My Preliminary Take on the 2022 Budget Presented By Ken Ofori Atta, Minister of Finance

1. There is a smart move to widen the tax net through the abolition of the Road Tolls and the introduction of the E-Levy. But this worsens the plight of we the loyal tax payers.

2. Even though those who evaded many taxes will now be brought on board, those whose toil and suffering have nourished the politician and kept article 71 office holders, I mean those of us who are unable to look at the tax component of our pay slips because of the huge deductions there, are going to pay more taxes via the e-levy window.

3. The common mathematical principle in primary one, when we were in elementary school was, “if more, less divides”. With this, if lecturers and other public servants are already paying more taxes, you don’t increase their tax burden even when you get more people to also pay taxes.

4. I would urge Parliament, particularly the minority group to use their strength and take advantage of the current nature and composition of the House to address this issue.

5. People are worried that the budget didn’t mention UTAG demands specifically. But this isn’t the norm. No budget singles out specific demands of labor unions. To get an idea of what can be done for labor, one must look at the component of the budget on compensations. I have looked at it. It’s a bit more than that of 2021. But as to whether it would cater for UTAG demands, time and the speaking of the only language better understood by governments would tell.

6. University Teachers made demands before the 2022 budget was prepared. Hence we are certain that no one would tell us our demands weren’t factored into the budget. Government is already aware of our stance. We will vacate and reopen no more, should they fail to meet our demands.

Yaw Gyampo
A31, Prabiw
PAV Ansah Street
Saltpond
&
Suro Nipa House
Kubease
Larteh-Akuapim

By Savannahnewsonline.com/Philip Liebs

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