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People Save in Their MoMo; You Can’t Tax their Savings – Ato Forson

The Minority Spokesperson on Finance, Casiel Ato Forson has said a move by the government to tax Mobile Money transaction will mean taxing savings of the people.

He explained that people keep money on the mobile money accounts as savinhs. Therefore any attenpt to tax that transcation will targetd at taxing people’s savings.

Contrbuting to a debate on the 2022 budget statement in Parliament on Tuesday November 23, Mr Ato Forson who is lawmaker for Ajumako-Enyan-Esiam rejected the move by the government to levy MoMo transactions.

Taxing Mobile Money,” he said “will mean taxing people’s savings.”

SourcE: 3news


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