The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan
The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan
Lee Shu Kam
Opinion

Opinion

Lee Shu Kam

Why Hong Kong should not raise taxes on gambling and stock trading

  • Any tax review must ensure the city stays competitive: raising these two taxes will only penalise excellence and drive punters underground, costing the government much-needed revenue

The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan
The Hong Kong Jockey Club has managed to continue horse races throughout the pandemic, providing a steady source of revenue to the government and to its charitable organisations. Photo: Kenneth Chan
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Lee Shu Kam

Lee Shu Kam

Lee Shu Kam is associate head of the Department of Economics and Finance at Hong Kong Shue Yan University.