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Editorial News of Monday, 17 March 2025

    

Source: www.ghanawebbers.com

We need a paradigm shift in Ghana’s taxation policy -Stephen Amoah

Stephen Amoah, a prominent figure in Ghana's political landscape, has called for a fundamental transformation in the nation's taxation policy. He argues that the current system is outdated and urges for a shift towards more progressive measures that can better support economic growth and development. Amoah emphasizes the need to align tax policies with contemporary economic realities, suggesting that reforms could stimulate investment and enhance government revenue. He points out that an effective taxation framework should not only focus on collecting funds but also encourage entrepreneurship and innovation among citizens. By adopting a more strategic approach to taxation, Ghana could create an environment conducive to business expansion and job creation. Amoah's remarks come amid ongoing discussions about how best to navigate the challenges posed by both domestic economic pressures and global financial trends. As policymakers consider potential reforms, his insights highlight the importance of adapting fiscal strategies to foster sustainable economic progress in Ghana.