The government will announce a new "Financial Budget" next month. Member of the Legislative Council for Construction, Surveying, Urban Planning and Gardens, Mr. Xie Weiquan, together with "G19" members, met with Financial Secretary Chen Maobo today (9th) and submitted proposals, including It is suggested that the government "distribute candy" and continue to distribute consumer coupons this year.
After the meeting, Xie Weiquan said that given the current financial situation of the government, it is difficult to expect that the amount of consumer coupons will be more than before.
The budget proposal submitted by Xie Weiquan is divided into 6 parts, involving a total of 34 proposals.
In terms of housing, Xie Weiquan pointed out that with the ten-year long-term housing supply meeting the standard, it is recommended that the government review the current policy of providing a large number of public rental housing, make better use of relevant resources, help more local families buy homes, and optimize the housing ladder.
He also mentioned that it is proposed to launch the "New Home Ownership Housing" scheme, which combines the concept of "progressive mortgage" and "rent-to-supply", with a lower down payment and an affordable monthly payment to help young grassroots people with upward mobility Families purchase publicly-subsidized sale flats to encourage them to work hard and enhance their sense of belonging to Hong Kong.
As for infrastructure planning, he supports the government to maintain an annual infrastructure investment of about 120 billion yuan, and should not reduce investment in the future due to temporary fiscal deficits and economic downturns.
Many people worry that large-scale projects such as the northern metropolitan area, Zhongshui artificial island, multiple main roads and new railways will cause financial problems for the government. Xie Weiquan urges the government to formulate a diversified financial and financing plan as soon as possible to allow domestic and foreign investors Participate with the public. At the same time, it is necessary to make a comprehensive plan for manpower, building materials and construction time, determine the priority of each project, and avoid excessive spending or excessive borrowing at the same time.
Promote progressive child tax allowances to encourage births
In terms of relief and value-added, Xie Weiquan suggested that the government continue to provide appropriate salaries tax, profits tax and rates concessions, as well as electricity and transportation subsidies.
In view of the record low birth rate and labor shortage, it is recommended to introduce a "progressive child tax allowance", with 150,000 for the first child, 200,000 for the second, and 250,000 for the third child, plus an equal amount for the newborn Child allowance, "the more you have, the less you pay tax".
Other suggestions include adding tax deductions for children's education expenses, increasing the amount of funding for continuing education funds and expanding the scope of funding, and providing tax incentives to the elderly, retirees, and housewives whose children have grown up, so as to encourage them to re-enter the labor market, etc.
Xie Weiquan believes that the temporary fiscal deficit and economic downturn should not reduce investment in the future.
Xie Weiquan criticizes the completion of youth dormitories as a slow-moving unit, and doubts that the government's speed-up and efficiency improvement are only empty talks about licensing and promoting professionalization Xie Weiquan: Property management is a "sunrise industry" and the demand for talents continues