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  • April 18, 2014
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  1. Officials should stop saying that subsidy will help low-income families

    Posted Mar 13th 2011, 12:00am by Staff Reporter

    ... subsidy. This makes me ashamed of living in Hong Kong. I will not be paying for the electricity I use, and yet my money will still end up in the pockets of utilities shareholders through the taxes ... will help low-income families. Poverty cannot be alleviated by allowing low-income families to keep the TV on all day and setting their aircons at freezing temperatures. If the intention is to help ...

  2. Fresh efforts urged to ease farm tax burden

    Posted Aug 20th 2006, 12:00am by Staff Reporter

    ... this year compared to 1999, according to Xinhua. Last year, each farmer earned an annual income of 3,255 yuan, a 47.3 per cent rise on 1999. They paid 32.42 billion yuan in taxes last year, 76.2 per ... Kristine Kwok Policies to alleviate financial burdens on the nation's farmers have helped boost their income by nearly 50 per cent in the past seven years, the Ministry of Agriculture ...

  3. Hong Kong's first environmental tax

    Posted Mar 16th 2004, 12:00am by Staff Reporter

    ... Financial Secretary Henry Tang Ying-yen's budget proposes introducing environmental taxation to Hong Kong, even though income from a tyre levy accounts for only a very small portion ... with its introduction of 'Plastax' in 2002 to rein in the 1.2 billion plastic shopping bags consumed per year. The use of these bags has fallen 95 per cent. The proposed tyre tax may ...

  4. Mainland's targets

    Posted Mar 08th 2004, 12:00am by Staff Reporter

    ... In plans unveiled at the National People's Congress, the mainland says it will lower GDP expansion to 7 per cent and improve the quality of economic growth, in particular boosting farmers' incomes. It aims to increase spending on agriculture and cut farm taxes. What is the likely impact of these moves? Share your views: write to us. ...

  5. Should users pay for the cost of treating e-waste such as computers and electrical appliances?

    Posted Feb 10th 2010, 12:00am by Alvin Yuen, Marvin Chung

    ... of determining the cost of disposal. Secondly, by adding a tax to IT goods such as computers and other appliances, we would be placing additional burdens on middle-class consumers and lower-income families. While a tax might seem a good idea at the beginning, it would widen the gap between low-income and high-income families. The middle class already forms most of Hong Kong's tax base. ...

  6. Beijing pledges to help farmers cut wealth gap

    Posted Sep 14th 2007, 12:00am by Staff Reporter

    ... Zhuang Pinghui The Ministry of Agriculture has promised to issue more favourable policies to farmers and help them get jobs in the mainland's cities to slow a surging income gap ... counterparts. The ministry also pledged to modernise agriculture so that farmers would enjoy rapid and sustainable income growth. The mainland's rural residents have seen their annual per capita ...

  7. Crude awakening

    Posted Jul 02nd 2008, 12:00am by Joseph Cheng

    ... whose livelihoods are threatened by high oil prices. It is expected that the government will concede to the demands of the truck drivers who have seen their incomes slashed. Scrapping the tax ... impact on truck drivers' incomes will be very limited. If oil prices continue to rise, the impact of dropping the tax will disappear. In contrast, the government seemed to have adopted ...

  8. Proposed waste levy will not bother rich but will hurt families on low incomes

    Posted Apr 02nd 2012, 12:00am

    ... they are having a meal. It is unfair to impose an even greater financial burden on citizens on low incomes for the sake of the environment. Another obstacle regarding the proposed charge ...

  9. Business - Companies

    Tax probe places Deutsche Bank’s ethics in spotlight

    Posted Dec 17th 2012, 11:58am by AFP

    ... “green” skyscrapers in the early hours of Wednesday and hundreds of investigators stormed the building in search of evidence of widespread tax fraud. Particularly embarrassing was the announcement that Fitschen himself was under suspicion of being privy to a scheme to avoid paying sales tax in the trading of carbon emissions certificates. Fitschen, 64, went on the offensive to proclaim his ...

  10. News - World - AVIATION

    Beijing applauds EU freeze on aviation carbon tax

    Posted Nov 14th 2012, 12:00am by Toh Han Shih

    ... at EU's carbon tax freeze China, along with the aviation industry, has applauded the European Union's suspension of its carbon tax for one year on flights to and from non-EU countries. The tax faced bitter opposition from Beijing and the rest of Asia. Foreign Ministry spokesman Hong Lei welcomed the EU's move, according to the ministry's website. China would take part ...




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