NPP’s Tax Cuts Never Achieved the Policy Intent for Enterprise Creation

The government after winning the polls hurriedly reduced and abolished what it called “nuisance taxes” to pave way for the private sector to take off for industrialization. Today, the government is touting the benefits of cutting down and abolishing 15 different taxes. The centerpiece of this tax discourse is the 1perent special import levy, levies imposed on “kayayei” by local authorities, 17.5 percent on domestic airlines and import duties on the importation.