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“He will live long beyond 92 years” – Youth bless Mahama after scrapping betting tax and e-levy

March 12, 2025
in Top Story, News
“He will live long beyond 92 years” – Youth bless Mahama after scrapping betting tax and e-levy

The Ghanaian youth

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A Ghanaian youth has blessed John Mahama with a long life after his government decided to scrap the betting tax and e-levy.

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According to the Ghanaian youth, President John Mahama will live long beyond 92 years.

 

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He asserted that the President scrapping the betting tax and e-levy. He would continue to rule the country for a long time.

The youth expressed his excitement after the government’s decision saying, “Ei so they have really scrapped it, then Mahama will still rule Ghana, I tell you he will live long beyond 92 years,  those taxes that he has removed we will vote for him again, this man will rule for a long time”.

The finance minister, Dr Cassiel Ato Forson has revealed that he plans to lay the bill in parliament to scrap the Electronic Transaction Levy (E-Levy), the COVID-19 Levy, and the 10% tax on lottery winnings (betting tax).

According to Ato Forson, he will be going to Parliament to submit the bills under the certificate of urgency.

Ato Forson further assured the bill will be submitted tomorrow and is hopeful that Parliament will take it through the various stages and approve it.

Speaking on JOYNEWS, Ato Forson stated, “Tomorrow morning, I will be going to Parliament to submit the bills, and I expect Parliament to take them through a certificate of urgency.

Repealing the taxes will be one clause each. Repealing the betting tax is very easy, the e-levy and all of those things we are repealing is quite easy, It’s a revenue bill, and under the Constitution, you have any way to lay finance bills under a certificate of urgency.

“I assure you that I will do my bid tomorrow and submit it to Parliament, and looking at the urgency involved, I’m hopeful that Parliament will take it through the various stages and approve it for us,” Dr Forson added.

Ato Forson affirmed that the National Democratic Congress (NDC) Majority caucus fully backs the initiative.

“As for the backing of the NDC Majority caucus, we have it 100%,” he added.

Meanwhile, Dr Cassiel Ato Forson, the Finance Minister yesterday 11 March 2025 reiterated, that the Mahama government will scrap the E-levy, Emission levy, betting tax and other taxes.

According to Ato Forson, the government attempt to review the Value Added Tax system, and the government will also eventually abolish the COVID-19 levy.

Speaking during the 2025 budget reading Ato Forson stated, “Mr Speaker, we will abolish the 10% withholding tax on winnings from lottery, otherwise known as the ‘Betting Tax’; we will abolish the Electronic Transfer Levy (E-Levy) of 1%; we will abolish the Emission Levy on industries and vehicles; we will abolish the VAT on motor vehicle insurance policy; and we will abolish the 1.5% withholding tax on winning of unprocessed gold by small-scale miners”.

“Mr. Speaker, the removal of these taxes will ease the burden on households and improve their disposable incomes. In addition, it will support business growth and improve tax compliance”, he added.

Watch the video below:

“President John Mahama will continue to rule Ghana. In fact, he will live beyond 92 years,” – A youth expresses his excitement after the government’s decision to scrap the betting tax and e-levy pic.twitter.com/cH4lbp8XUa

— EDHUB🌍ℹ (@eddie_wrt) March 11, 2025

Tags: betting taxe-levyJohn Mahama
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