We’ll protest on the streets if President Mahama removes Betting Tax

The Institute of Community Sustainability has strongly opposed the potential abolition of the betting tax by President John Dramani Mahama. The institute urged the president to reconsider this decision, as it may have detrimental effects on Ghana’s youth.

Their comment comes at a time when the Finance Minister Dr Cassiel Ato Forson, vowed to abolish the betting tax and the E-levy in his first budget when he’s approved.

Speaking before the Appointments Committee of Parliament on Monday, January 13, Dr Forson argued that the current betting tax has failed to achieve its intended objectives and should be scrapped.

“I insist that the betting tax must be abolished, and as Finance Minister, I will abolish it in my first budget because it has failed,” – Dr Forson declared.

The Institute of Community Sustainability said in a statement signed by its Executive Director, Eric Jerry Aidoo said:

“In a country with a population of 32 million, we face significant challenges in providing adequate mental health support, with only four mental health centers and no sports psychologists.”

Encouraging betting among our youth would exacerbate these issues.

“Instead of abolishing the betting tax, we recommend that the government maintain or increase it to discourage youth betting. The revenue generated from this tax could be utilized to establish psychiatric hospitals in every region, providing much-needed mental health services.”

The statement added that Ghana’s youth deserve better than the false promise of quick riches through betting.

“They need sustainable job opportunities and support to thrive. We will take to the streets to demonstrate our opposition to the abolition of betting tax if necessary. We call on President Mahama to prioritize the well-being and future of Ghana’s youth.”

Source: 3news.com

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Szarlot

I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry.

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Szarlot

I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry.