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Long tax holidays not government spoon-feeding will create a spectacular creative arts sector boom

Feature Article Long tax holidays not government spoon-feeding will create a spectacular creative arts sector boom
TUE, 11 JUN 2024 LISTEN

Recently, dear critical-reader, former President John Dramani Mahama was reported to have made an obviously well meant promise that if elected as President of the Republic of Ghana, his government would in effect use taxpayers' hard-to-collect nation-building cash to build a film village, as part of a raft of measures designed to help empower local filmmakers, in the creative arts sector of our bankrupted Republic's national economy.

It is said that the road to hell is paved with good intentions. This particular promise to local filmmakers, by our former President, falls into that category of well meant promises that lead to taxpayer hell, oooo, lol, Ghanafuor. Yoooooooo...

That is why one makes bold to predict that, that well meant promise, by former President John Dramani Mahama (to the effect that if elected as President of the Republic of Ghana, his government will use taxpayers' hard-to-collect nation-building cash to build a film village to help empower local filmmakers), will end in tragedy - like all the string of past 4th Republic governments-of-the-day well-intentioned commercial undertakings, which ended disastrously, Ghanafuor. Yoooooooo...

To avert that sure-fire disastrous end that the state building a film village for local filmmakers entails, Ghana's Former President John Dramani Mahama needs to talk to the U.S. film mogul, Tyler Perry, asap, before his National Democratic Congress (NDC) party pens its manifesto promise to throw good money after bad, that government spoon-feeding the creative arts, actually represents. Yooooooooo...

What will transform the creative arts sector in Ghana, as sure as day follows night, is a long tax holiday (minimum 20 years, lol) - which will immediately attract and incentivise the world's best global creative arts industry bleeding-edge players, to actively seek out opportunities to partner Ghanaians in the creative arts sector of our national economy. Full stop. Simple.

It will be recalled, dear critical reader, that Tyler Perry put on hold an USD 800 million investment he had planned to make in his film studio, when he was aged in minutes in a demonstration of the capabilities of OpenAI’s text-to-video model Sora - a task that would have taken hours by make up artists, lol.

So, long story short, dear critical-reader: in light of all the above, dear critical reader, the bald truth, is that in the AI-era film villages are old hat, and it follows, a priori, that implementing that NDC manifesto promise would therefore be an egregious waste of hapless taxpayers' hard-to-collect nation-building dosh, by the Ghanaian nation-state, oooo, Ghanafuor.

What former President Mahama's government ought to do, instead, if he is re-elected to lead our beautiful and bountiful bankrupted Motherland Ghana, is for his government to simply provide long tax holidays for the creative arts sector (not government spoon-feeding handouts, lol) - as that is the sure-fire way to create a spectacular creative arts boom in Ghana, Ghanafuor. Yooooooooo: A word to the wise...

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