Kennedy Ohene Agyapong, the aspiring NPP flagbearer for 2024, has shared his perspective on the 10% tax levied on bet and lottery winnings. He suggests that the tax should be more substantial, drawing a comparison to the taxation process in the United States.
Agyapong emphasized that the government’s approach to taxing bets, games, and lottery wins is relatively lenient. He believes that betting doesn’t contribute significantly to future prospects and views a more punitive tax as a deterrent for young individuals investing their time and resources in such activities.
Mr. Kennedy Ohene Agyapong has said that the 10% tax placed on bet and lottery winnings should have been more as betting is nothing worth valuable for future aspirations one may hold.#BettingTax #KennedyOheneAgyapong #BlinkscoopNews pic.twitter.com/PA41XCobZu
— Blinkscoop Official (@Blinkscoop1) August 17, 2023
Speaking in an interview with King Kwaku Mensa on 3Xtra, Agyapong expressed that gains from betting are short-term and fleeting. He acknowledged the lack of job opportunities in the country as a contributing factor to the prevalence of betting among the youth. He stressed the need to prioritize employment creation to empower the younger generation to pursue more sustainable paths.
Agyapong used his own daughters as examples, highlighting how they have secured jobs and decent incomes in the United States. He lamented the unemployment situation in Ghana and called upon the youth to support his bid for presidency, asserting that he would prioritize generating employment opportunities.
With a campaign spirit, Agyapong conveyed his desire to make a positive impact on unemployment rates if given the chance to lead the country. He urged the Ghanaian youth to trust him with the opportunity to create significant job prospects and transform the economic landscape.
Agyapong’s insights shed light on the challenges of youth unemployment and the importance of fostering an environment that encourages stable and fulfilling career paths.