According to him, it is unclear how the economy of the country, for instance, is being managed.
Speaking on TV3’s News @10 on Monday, January 4 regarding the withdrawal of the 1 per cent withholding tax by government, Nii Akomfrah said the government appears to be lost in pursuing its own strategy.
The CPP General Secretary mentioned foreign direct investment (FDI) and value-addition in the agricultural sector as two of the many strategies trumpeted by the John Mahama-led government. However, Nii Akomfrah insists, “you begin to tax the very process in adding value to agriculture”.
The former CPP Communications Director recommended to the government to rather tax mining, telecommunication and utility companies, which, he claims, have usurped the country’s wealth.
“We have gone too far in selling our wealth.”
He said the recent taxes introduced by government wil rather serve as a disincentive to many especially those who want to save at the banks.