Betting Tax
A recent comment by Cassiel Ato Forson, President John Mahama’s nominee for Minister of Finance, has sparked a lively discussion on social media. During his vetting on January 13, 2025, Ato Forson announced that the government plans to abolish the controversial betting tax. This news has generated excitement among many Ghanaians who have long opposed the tax.
Forson explained that the betting tax has been generating minimal revenue for the country. He stated that removing it would not significantly impact the government’s finances. This perspective resonated with many citizens, who have expressed their approval online. The overwhelming sentiment is one of relief and celebration, as many eagerly anticipate the tax’s cancellation.
The betting tax, introduced by the previous New Patriotic Party (NPP) government, has been unpopular among the public. During his campaign, President Mahama promised to eliminate this tax, and Forson’s recent comments align with that commitment. The support for scrapping the tax highlights the widespread discontent surrounding it.
Social media users have taken to various platforms to share their reactions. Many expressed their satisfaction and excitement over the potential repeal. Comments ranged from humorous memes about investors celebrating the news to more serious acknowledgments of the low revenue the tax generated—reported to be less than GHC 50 million a year.
Some users even reflected on the political implications, noting that the NPP might face challenges in future elections if they fail to respond to public sentiment. The reactions showcase a mix of joy and astonishment, as many were unaware of how little revenue the betting tax was actually bringing in.
See some of the reactions from netizens
