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  • October 24, 2014
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  1. Who wants a broader base?

    Posted Feb 03rd 2012, 12:00am

    ... triggered a fresh debate about whether Hong Kong needs to broaden its tax base. Tsang's budget was met with mixed reactions. On one hand, he was seen as being generous in dishing out various ... transition and that can be left to the next administration. Others say both the financial chief and Chief Executive Donald Tsang Yam-kuen are firm believers of the none-interventionist theory. Tax ...

  2. Forget stray cats, Mr Tsang, slap a tax on HK's empty flats

    Posted Oct 14th 2011, 12:00am

    ... for sale to middle-income families. But there is an easier- and certainly much faster- way to increase the supply of affordable housing. The government should slap a punitive tax on vacant ... making homes more affordable for the city's inhabitants. At the very least, introducing a penalty tax on vacant properties at this time will improve affordability over the five years ...

  3. Tsang pledges tax cuts and 'a new HK'

    Posted Feb 02nd 2007, 12:00am by Ambrose Leung, Jimmy Cheung, Klaudia Lee

    ... yesterday made his long-awaited declaration to run for a second term, with a platform of tax cuts and building a 'new Hong Kong', with more jobs, a greener environment and better ... Churchill or a janitor.' He said he aimed to gradually relieve the public's tax burden by reducing the standard salaries and profits tax rates to 15 per cent within his term to counter ...

  4. Tax the billionaires

    Posted Aug 09th 2003, 12:00am by Staff Reporter

    ... The registration fees of BVI companies alone will exceed $500 million. Also, drop your moral baggage and lower the cigarette tax to a reasonable level. A price of $15 per packet, coupled with a ban ...

  5. Taxed by the GST proposal

    Posted Aug 14th 2006, 12:00am by Chris Yeung

    ... Chris Yeung Just three weeks after launching a public consultation on a goods and services tax, the government has already found itself bracing for a game it cannot win. On Thursday, ... with the public outcry against the proposed new tax, Mr Tsang will be caught between a rock and a hard place. He faces growing pressure to take a definite position on the GST. If he speaks positively ...

  6. Taxing the poor will fund cushy jobs for friends

    Posted Aug 02nd 2006, 12:00am by Staff Reporter

    ... I must be missing something here. We are told that we need a goods and services tax because of dire shortcomings such as a narrow tax base and a fiscal structure that undermines Hong ... in fixed public expenditure. Way to go, guys. Let's tax the poor, give profits-tax cuts to the rich and use what's left over for cushy, multimillion-dollar-a-year jobs for your mates. ...

  7. Henry Tang tackled tax-cut pressures with aplomb

    Posted Feb 26th 2006, 12:00am by Chris Yeung

    ... to the city. Last March, the end of the Tung reign marked a return of positive sentiment. About the same time, the economy bounced back. In last week's budget, Mr Tang announced tax relief costing ... with the people. Deliberately or accidentally, Mr Tsang endorsed the theme when he campaigned for the chief executive's post, further raising expectations of a big tax cut. There was no doubting ...

  8. Don't cut taxes yet, legislators urge Tsang

    Posted Sep 08th 2005, 12:00am by Ambrose Leung

    ... would not reduce taxes. They urged Donald Tsang Yam-kuen not to cut taxes, as lower government revenue would hurt health, education and welfare spending. But they quoted him as saying that he ... for tax cuts and also not to cut expenditure,' said the Confederation of Trade Unions legislator. 'It would put pressure on government spending and would affect areas such as education, ...

  9. Road map for new chief to steer clear of past mistakes

    Posted Mar 11th 2005, 12:00am by Wang Xiangwei

    ... by introducing a value-added tax. Aiding the poor should be another top priority and will be a sure vote winner. While avoiding at all costs turning Hong Kong into a welfare state, the new chief ... waste no time undertaking structural reforms including measures to broaden the tax base to make economic growth healthier and improve the livelihood of the poor. In the face of those challenges, ...

  10. A race to show they care

    Posted Dec 28th 2011, 12:00am

    ... pinned high hopes for diversifying the city's economy, by granting land and tax incentives. The six new industries are education, medical services, environmental industries, innovation ... and professionals. Dr Ma Ngok, a political scientist at Chinese University, said while Leung's platform was more interventionist than Tang's, Leung had avoided initiatives that would offend ...




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