Taxes have become more of a punishment to businesses – Badu-Abogye

He argued that taxes have become an albatross on business growth.

.

“I think that our taxes have become more of a punishment to businesses than to support them.

He emphasized the detrimental effect of the continuous introduction of new taxes, expressing the belief that these measures are ultimately hindering rather than promoting business growth.

.

Mr Badu-Aboagye highlighted the concerning trend in the growth of GDP, indicating that most sectors are not performing well.

And when you look at the details you will realise that most of the sectors are not doing well

So it shows clearly that businesses are not doing well.

“If they are doing well, they produce a lot and by multiplying it by the market value, you will see that your GDP will go higher