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Chen Maobo: Increasing taxes requires careful study of the impact of Hong Kong’s competitiveness and other property vacancy taxes are not meant to increase income

Summary

[Chen Maobo: Increasing taxes requires careful study of the impact of Hong Kong’s competitiveness and other property vacancy taxes, not to increase revenue]According to the news on the Hong Kong Radio Station website on February 25, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, said that in the case of severe economic recession, increase Taxation should be carefully studied, including the impact on Hong Kong’s competitiveness, the target of the tax increase, and whether it is possible to “pay more for those who can.” When Chen Maobo attended the “Budget” joint radio program, he pointed out that the property vacancy tax is not meant to increase revenue, and emphasized that the main purpose is to hope that real estate developers will speed up the purchase of properties. As for the goods and services tax, which has a greater impact on the grassroots, it needs social discussion. (Interface News)

News from Radio Hong Kong website on February 25, the Hong Kong Special Administrative Region GovernmentfinancialSecretary-General Chen Maobo said that in a severe economic recession, tax increases should be carefully studied, including the impact on Hong Kong’s competitiveness, the target of the tax increase, and whether to “pay more for those who can.” Chen Maobo attended the “Financial budgetAccording to the joint radio program of the Case, the property vacancy tax is not meant to increase income, and the main purpose is to hope that real estate developers will speed up the purchase of properties.ProductserviceTaxes have a greater impact on the grassroots and needsocietydiscuss.

(Article source: Interface News)

(Editor in charge: DF532)

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