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CY Leung policy address 2014
Hong Kong

Middle class and SME owners bemoan lack of sweeteners for them in policy address

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Middle class and SME owners bemoan lack of sweeteners for them in policy address
Jennifer NgoandGary Cheung

The middle class and operators of small and medium-sized enterprises were disappointed by the lack of immediate measures in the policy address to help them - raising concern that tensions between the poor and the middle class may worsen.

"The words 'middle class' and 'small and medium-sized enterprises' were not even mentioned. But their contribution to Hong Kong cannot be ignored," Andrew Leung Kwan-yuen, lawmaker and leader of the Business and Professionals Alliance, said.

"I hope that these two groups of people can benefit from the coming budget," he said.

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Middle-class advocate Alvin Lee Chi-wing said many were worried that the increasing amounts of public money being spent on social welfare might bring higher taxes.

And Chinese University political scientist Ivan Choy Chi-keung said the proposed increase in recurrent expenditure could trigger conflicts and debate between the poor and the middle class. It might also worsen the tension between Chief Executive Leung Chun-ying and the city's more well-off citizens, Choy said.

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Lee, chairman of pressure group Voice of the Middle Class, said they had hoped to hear firm plans for 15 years of free education, tax exemptions on medical insurance and lower taxes - although tax measures would usually be dealt with in the budget.

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