Tax & Government Waste
IN FOCUS
The YAFO Institute investigates tax and government affairs from a small government viewpoint. We examine the advantages of reduced tax rates, the distortions brought on by government expenditure, and the risks associated with increasing debt. Ghana has consulted the IMF more than 16 times due to poor management and excessive borrowing. State-owned enterprises waste public funds and have difficulty covering their expenses. The budget policy’s guiding premise is to keep the amount of government activity to a minimum.
Related Articles
The One District One Factory (1D1F) Initiative: A Game-Changer or a Letdown?
Industrialization has been a key driver of economic growth for most advanced countries. This can be seen in the Industrial Revolution, which altered countries such
Decoding Digital Quadruple Taxation: Insights from Ghana’s E-Levy in the Digital Economy
Double taxation, a scenario where a taxpayer is taxed twice on the same source of income, either by the same jurisdiction or different jurisdictions, is
Ghana’s 2024 Budget Review: Tax Components, Revenue and Expenditure
The Minister for Finance presented the Budget Statement and Economic Policy of the Government of Ghana for the 2024 financial year (“Budget Statement”) to Parliament
From Abolishment to Introduction: The Manoeuvring Taxation Art of the NPP Government Under Scrutiny
According to Investopedia, taxes are mandatory contributions levied on individuals or corporations by a government entity. These taxes serve as revenue to the economy in
Breaking Down Ghana’s Three New Tax Laws: Implications for the Economy
In the country’s bid to be in good standing for an Extended Credit Facility (ECF) from the IMF, the parliament of Ghana on 31st March 2023
E-Levy and the Myth of State Sponsored Job Creation Programs
The Minister of Finance of Ghana, Ken Ofori-Atta, has stated that E-Levy, as proposed in Ghana’s 2022 budget, would ensure the employment of over 11