THE legislator who wants every Hong Kong citizen to get HK$5,000 is standing by his radical proposal to ease economic gloom and doom. At a forum yesterday, Law Cheung-kwok said there was no other way to directly help people in need. The Association for the Democracy and People's Livelihood suggested the Government pay the cash to the territory's four million permanent residents, amounting to HK$20 billion or 15 per cent of the government reserve. The idea will be argued in the Legislative Council next Wednesday. 'Our existing reserve is so huge that the Government should return some of it to us,' he said. 'Remember, this is not the money of the Government - this is our money.' Mr Law said the economy would be boosted when people spent their cash. But other political parties were not convinced. Chan Kam-lam, of the Democratic Alliance for the Betterment of Hong Kong, said: 'This is the most stupid way to use our fiscal reserve.' Democratic Party spokesman Huang Chen-ya said the money would be better used in education and career training. Most speakers said tax reductions were a better way to ease people's burden and boost the economy. But Mr Law disagreed, saying: 'Only a few people, especially the rich, benefit from a tax cut. The poor, the unemployed and the elderly could never be able to enjoy it.'