In a recent engagement with key stakeholders of the Ghana National Chamber of Commerce and Industry and the Ghana Bar Association, Dr. Mahamudu Bawumia, the flag bearer for the New Patriotic Party (NPP), made a significant pledge to Ghanaians.

In his speech, Dr. Bawumia stated his intention to implement a tax amnesty for both businesses and individuals if elected into power in 2025.

The proposed tax amnesty aims to provide relief to businesses and individuals burdened by taxation, fostering a more conducive economic environment. Dr. Bawumia emphasized the importance of stimulating economic growth and facilitating entrepreneurship by alleviating the tax obligations weighing on the shoulders of citizens and enterprises alike.

This announcement has stirred discussions across various platforms, with many expressing both support and skepticism regarding the feasibility and implications of such a policy. Some analysts commend Dr. Bawumia’s commitment to easing the financial strain on taxpayers, while others raise concerns about the potential impact on government revenue and fiscal sustainability.

As the political landscape evolves in anticipation of the upcoming elections, Dr. Bawumia’s promise of a tax amnesty stands as a focal point for voters evaluating the policies and promises put forth by candidates vying for leadership. With the 2025 elections on the horizon, the implementation of such a policy could significantly shape the economic trajectory of the nation.

By: Bernice Adjei Kodie.

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