VIDEO: Betting makes the youth lazy, I support taxes on winnings - Kyei-Mensah-Bonsu
The Majority Leader in Ghana's Parliament, Osei Kyei-Mensah-Bonsu has provided a robust justification for the recently introduced 10 percent withholding tax on winnings from betting and lotteries.
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Speaking in an interview on Angel FM in Kumasi, the Suame MP fervently supported the decision made by the Ghana Revenue Authority (GRA) to levy a 10 per cent withholding tax on earnings from both betting and lottery activities.
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Kyei-Mensah-Bonsu articulated his concerns regarding the proliferation of betting companies and its potential consequences, particularly among the nation's youth. He argued that the rise of these establishments may inadvertently foster a culture of complacency, laziness and idleness among the younger generation.
The Suame MP maintained his principled stance, asserting, 'As an individual, I do not participate in the lottery because I do not believe in it. I do not have faith in luck. Instead, one should toil diligently, and blessings will follow'.
Reinforcing his perspective as a devoted Christian, Kyei-Mensah-Bonsu emphasized his conviction that industriousness remains the most honourable path to achieving financial stability.
Furthermore, he voiced apprehensions about potential match-fixing concerns stemming from the activities of betting companies, highlighting the broader implications of the industry on the integrity of sports and fair competition.