THE proposer of the famous $5,000 payout idea for every adult fine-tuned his controversial proposal but failed to save it from humiliating defeat. Dr Law Cheung-kwok of the Association for Democracy and People's Livelihood told colleagues the $5,000 should be made in the form of coupons to be certain the extra cash would be spent to help stimulate the market. 'Someone criticised my idea as a free lunch - it will cost $20 billion once and for all. 'But what the Liberal Party has proposed would cost $70 to $80 billion. 'That would be a free dinner, much more expensive,' said Dr Law. He claimed the Liberals' proposal would be a long-term blow to the tax structure. Cutting corporate tax would bring enormous benefits to big firms, said Dr Law. 'If somebody says we should not give $5,000 to [tycoon] Li Ka-shing, isn't it more ridiculous to give $200 million to his Cheung Kong group through tax reduction?' he asked. The argument failed to sway his colleagues - only five supported him, including three party colleagues. The sole non-party supporter was Yum Sin-ling. Chan Kam-lam of the Democratic Alliance for the Betterment of Hong Kong dismissed the idea as the 'most stupid and unfair way to distribute wealth'. Eric Li Ka-cheung, an accountant, said the administrative cost of the cake-sharing proposal would be enormous. New legislation might be needed to define who were the beneficiaries and how malpractices could be avoided, he added. The Liberal Party's Henry Tang Ying-yen said the proposal was merely aimed at winning votes.