Audio By Carbonatix
Award-winning actor and now politician, John Dumelo, is cautioning the Akufo-Addo government to be wary of the iron fist style of leadership to avoid incurring the wrath of the youth.
In a tweet on April 6, the actor condemned the new tax bill passed by parliament and pending presidential assent for a 10% withholding tax on betting, lottery and game of chance winnings.
Mr. Dumelo said it was quite unfortunate how the government wants to burden citizens with taxes when they are barely creating jobs.
“Create jobs, you won’t create. The youth have created their own jobs too ahhh, you want to tax their winnings…..continue. That day will come when the youth will rise against you. It will be too late,” he stated.
Create jobs, you won’t create. The youth have created their own jobs too ahhh, you want to tax their winnings…..continue. That day will come when the youth will rise against you. It will be too late.
— Farmer John (@johndumelo) April 6, 2023
Betting, lottery and game of chance winnings will become subject to a 10% withholding tax at the point of payout when President Akufo-Addo assents and gazette’s the new tax bills passed by parliament. Betting companies will also have a 20% tax on all revenue.
The betting industry has experienced tremendous growth in Ghana over the past decade, with several companies setting up shops in the country.
However, there have been mixed reactions with critics citing addictions as a disapproval of the scheme.
Latest Stories
-
BoG GHS15.6bn loss: Yesterday’s whistleblowers have become today’s defenders – Oppong Nkrumah
1 hour -
Saudi Arabia to stop funding LIV Golf next season
2 hours -
Oil price hits highest since 2022 after report Trump to be briefed on new Iran options
3 hours -
Adamus Resources Ltd sets record straigh on illegal mining allegations
3 hours -
Man sentenced to death for murder of toddlers at Ugandan nursery
3 hours -
Meta in row after workers who say they saw smart glasses users having sex lose jobs
3 hours -
Arhinful calls for patience and support for Ayew ahead of World Cup
3 hours -
Zanetor Rawlings elected 2nd Vice President of Pan-African Parliament
3 hours -
GIFEC disburses 350 laptops for One Million Coders Program in Upper West Region
3 hours -
2025 BoG GH¢15.7bn loss was a peak, future results expected to improve – Atta Issah
3 hours -
Photos: How fire destroyed everything in the Akosombo GRIDCo Substation control room
4 hours -
Embrace skills training for successful reintegration – YEA HR Director urges inmates
4 hours -
BoG’s GH₵15bn loss does not affect monetary policy – Majority
4 hours -
Minority accuses Majority of attempting to “shift public perception” ahead of BoG’s GH¢15bn publication
4 hours -
Kick Nation secures Ipswich Town trial for Ghanaian youngster Philip Frimpong
4 hours