IEA Debate: NPP to introduce ‘Anas principle’ to increase tax revenue

The Presidential candidate of the New Patriotic Party, Nana Akufo-Addo has noted that his government will introduce a new system for the efficient collection of tax revenue which he has christened, The Anas principle.

Speaking at the IEA Presidential Encounter on Tuesday, the NPP flagbearer explained that the new system will be made up of “highly motivated professional groups of young people who will work undercover to unearth examples of corruption wherever they can find it.”

“Not only to unearth the corruption but to actually deal with it in terms of sending people to court, prosecuting them, the courts will cooperate and sanctions appropriately enforced,” he said.

Outlining some of the other measures his government will institute to ensure proper tax collection, Nana Akufo-Addo mentioned the simplification of tax laws, a reduction in corruption in the tax collection system, a formalization of the economy and the strengthening of the National Identification System to help the process.

Outlining his vision for Ghana, Nana Addo noted that Ghana will become a thriving democracy where “rule of law and respect for human rights are entrenched in the way we do business … [there is an] absolutely urgent need to transform the structure of the Ghanaian economy to become a value added, industrializing economy.”

He said: “There is no future in a Ghana depending on the production and export of raw materials… Ghanaians in the private sector are going to be encouraged and stimulated to take up the challenge of structural transformation and rapid economic development.”

He added that “we need to make sure the mass of our people gain access to all the information and knowledge in today's world.”

---

Add this page to your favorite Social Bookmarking websites