60pc willing to pay more tax for better social welfare

PUBLISHED : Thursday, 27 August, 2009, 12:00am
UPDATED : Thursday, 27 August, 2009, 12:00am

About 60 per cent of Hongkongers are willing to pay more taxes to improve social welfare, compared with 40 per cent in Taiwan, a survey shows.

The findings, released yesterday, show 70 per cent of the city's respondents back the introduction of unemployment insurance as a 'social risk management' measure, while 64 per cent agree temporary cash subsidies should be provided.

But 75 per cent of those respondents said subsidies should only apply to those in need, rather than universally.

Social risk management is a conceptual framework developed by the World Bank to help communities prevent, reduce and cope with issues such as low incomes and poverty.

The survey was conducted last month by Chinese University's Institute of Asia-Pacific Studies and the Graduate Institute of Social Work at Taiwan's Normal University. It compared the attitudes of people in Hong Kong and Taiwan towards social risk management.

About 90 per cent of Hong Kong respondents agreed the government should play a stronger role in regulating the financial markets, compared with 75 per cent in Taiwan.