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Letters | Hong Kong budget: go beyond ‘green shoots’ and tackle roots of our discontents

  • Persistent issues, such as rampant plastic waste, substandard wages for the impoverished and housing speculation, continue to go unaddressed by the administration. These must be tackled to show that the government cares

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A woman poses for a photograph amid a sea of silver grass at Sunset Peak, Lantau, in November 2020. Financial Secretary Paul Chan wrote on his blog with reference to the upcoming budget: “No matter if it’s just a small blade of grass or a tall tree, they both start from a tiny seed – but one that keeps its infinite vitality hidden.” Photo: Winson Wong
I refer to your article “Hong Kong finance minister banking on green shoots of economic recovery lying in environment, sustainable development, says source” (February 22). It is interesting to note in the accompanying photograph of the financial secretary eating a meal that all but two tea cups and one paper cup appear to be single-use plastic containers. It really is time for Hong Kong to wake up and immediately address the numerous disadvantages that can negate so many amazing facets of this great city.
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Three key disadvantages can be addressed immediately. First, we need an immediate ban on single-use plastic bags that restaurants provide for takeaway meals. We know these are bad for our environment and that people are not reusing them but sending them to our already full landfills. Perhaps there should be a HK$5 charge for plastic bags in restaurants, shops and supermarkets – HK$0.5 is truly laughable and absolutely not a deterrent.
Second, with an estimated 1.5 million people living below the poverty line, it is time we raise the minimum wage to HK$70 per hour, a level that would enables workers to sustain a reasonable quality of life. This, combined with implementing a standard working week in line with other modern economies, would have a positive impact on the lives of so many.
Third, address the housing shortage by calling new homebuyers exactly what they are – speculative investors. While even the Post refers to them as homebuyers, how many are living in the properties they buy?

04:29

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These are cheap and greedy investors who will squeeze the last penny from a tenant. A 75 per cent stamp duty should be applied if the investors or their immediate family members are not going to live in the property for a minimum of five years.

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