Levy Revenues Of Churches To Fund National Cathedral – Tax Analyst Proposes
In the wake of the controversy surrounding the funding of the National Cathedral Project, Tax Analyst, Francis Timore Boi is proposing an initiative to fund the project by the Christian Community in the country.
According to Mr. Timore, government can introduce a 10% levy on the gross revenue of churches to raise funds to construct the cathedral.
To him, his proposal is the Bible centered and common in the Christian Community.
The Tax Analyst who was speaking in an interview with Accra-based Citi TV maintained that it won’t be prudent to use the general taxes for the funding of the cathedral.
“Why should we take taxpayers’ money from the consolidated fund to finance [the National Cathedral]? I don’t believe it is in the right direction,” the Tax Analyst explained.
He continued that, “however, I believe that as a Christian, this should be funded by the church community in Ghana. The best we can do is that churches should be levied between five and 10 percent on their gross revenue over a five-year period so that the money can be used to finish this project.”