Kennedy Agyapong, a flagbearer hopeful of the New Patriotic Party (NPP), has thrown weight behind the government’s decision to impose a 10% tax on all betting, games, and lottery winnings.
This tax implementation was recently announced by the Ghana Revenue Authority (GRA) and was anticipated to take effect on August 15, 2023.
Many Ghanaians, especially those engaged in sports betting and lottery winnings, took to social media to lambast the NPP government and the Ghana Revenue Authority (GRA) for the 10% tax imposed on bets and lottery winnings.
Contrary to the views and outcry of many Ghanaians, Kennedy Agyapong has actually applauded the government for this decision.
Speaking in an exclusive interview with TV3, monitored by 1Family Radio, the politician stated that the percentage imposed on betting should have been more than 10%.
“The 10% tax on betting is in order and should have been more. If you go to America and win a billion dollars in the US lottery, you’d take home about $600 million because it’s free money and it’s taxable, so 10% of them have been charitable,’’ he said.
“I will be honest with the youth; betting is not anything good for your future. That’s why it should be punitive to discourage young men and women from coming up to take their destiny into their own hands instead of spending time on games and all those things.’’
“Whatever money you’re going to make today is temporary, and betting, what are you going to get out of that? So, we have to be careful,’’ he added.