You have received an official email from your boss which reads: “Hello, At a seminar organized by ICAG on Taxation in Ghana, the guest speaker stated emphatically that, Ghana Revenue Authority imposes taxes on both poor and rich resident individuals as a source of revenue for government. He stressed that one of the reasons why Government imposes tax is “Equitable Redistribution of Income and wealth”. In fact I did not understand what he said, the only thing I could recall is the information below that he used in his explanation. Category Tax collected for 2018 fiscal year Resident Individual GH¢ Poor 246,000 Rich 1, 262,000 Please I need you to explain this to me again. Thank you Required With the aid of the information above, explain to your boss, “Equitable Redistribution of Income and wealth” in this context.
You have received an official email from your boss which reads:
“Hello,
At a seminar organized by ICAG on
Category Tax collected for 2018 fiscal year
Resident Individual GH¢
Poor 246,000
Rich 1, 262,000
Please I need you to explain this to me again.
Thank you
Required
With the aid of the information above, explain to your boss, “Equitable Redistribution of Income and wealth” in this context.
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