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  • November 28, 2014
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  1. Prevailing pessimism dilutes impact of basket of goodies

    Posted May 27th 2009, 12:00am by Chris Yeung

    ... about the loss of jobs and dwindling income will not be significantly eased with the rates waiver and tax rebate. Low-income earners and the underprivileged will find the basket of goodies ...

  2. Lay all your cards on the table to earn trust

    Posted Apr 20th 2009, 12:00am by Chris Yeung

    ... Chris Yeung The controversy over deputy minister Greg So Kam-leung's use of his name card as proof of income for his Filipino maid's work-permit application appears to be a storm ... admitted he was not 'careful enough' when he provided his card to his maid to give to the Immigration Department as a substitute for proof of income. Ip Kwok-him, a vice-chairman ...

  3. Budget needs to go beyond sweeteners

    Posted Feb 22nd 2009, 12:00am by Chris Yeung

    ... people expect from the budget? The answer, arguably, is no. True, families on low incomes are reeling under economic hardship as times get tougher, and middle-income earners are suffering cuts ... are resigned to the reality of tough economic times in the next two to three years that will see the jobless rate rising and household incomes falling. But almost six months after the Wall Street ...

  4. A capital idea for a rising politician

    Posted Nov 24th 2004, 12:00am by Chris Yeung

    ... in the current financial year. Thanks to the huge windfall from land sales and other direct tax income including salaries tax and stamp duty, most analysts say the actual deficit may be much smaller. ... revenue being shouldered by only about 300,000 income earners, the system became a source of grievance among the middle income group. Now that the worsening deficits in the past few years have ...

  5. Poverty to top Tung's policy priorities

    Posted Jan 10th 2005, 12:00am by Chris Yeung, Jimmy Cheung

    ... however. 'There will be no cash handout, no welfarism and no income redistribution,' a source said. The government is also considering relaxing restrictions on the old-age allowance ... squarely the worrying trend of income disparity. 'Views within the government about the idea of forming a poverty commission have been mixed. As Legco and welfare groups have taken ...

  6. Tax breaks will ease burden of the GST, says Tang

    Posted Nov 22nd 2004, 12:00am by Chris Yeung, Jimmy Cheung

    ... and middle-income earners when it introduces a goods and services tax, according to Financial Secretary Henry Tang Ying-yen. But a GST will not be brought in until at least 2009- by which time Hong Kong ... to a list of possible new levies he floated early this month at a Legco panel briefing. Mr Tang caused jitters with his list, which included a capital gains tax and tax on income earned overseas. Mr ...

  7. Government has given itself a helping hand out of tight spot

    Posted Jul 17th 2008, 12:00am by Chris Yeung

    ... intended to. Rather, they are aimed at convincing the populace, in particular the poor and low-income earners, that the government is making an effort to improve their standards of living. Given ...

  8. Popularity built on shaky foundations

    Posted Sep 04th 2006, 12:00am by Chris Yeung

    ... they are not impressed with the government's work on a range of issues close to their hearts, in particular cleaner air, the plight of low-income earners, measures to lure talent, and a universal suffrage ...

  9. Far more at stake than a simple pay cut

    Posted May 20th 2009, 12:00am by Chris Yeung

    ... a special case without a convincing reason will backfire, particularly among the middle- and upper-middle income groups that have been badly hit by the downturn. These groups would have strong ...

  10. Difficult questions reveal city's dilemma

    Posted May 19th 2006, 12:00am by Chris Yeung

    ... he has acted to tackle them, or has at least been seen to be doing so. For many, the plight of the elderly and low-income earners feature among their immediate concerns relating ...




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