The new "Financial Budget" will be released next month. The Democratic Federation met with Financial Secretary Chen Maobo today (10th) and submitted a total of 100 proposals, including distributing another 10,000 yuan of consumer coupons and expanding the "High-end Talent Pass Program", And relaunch the "Capital Investor Entrant Scheme", etc.
The Democratic Federation also suggested launching an upgraded version of the "SME Interest-free Loan Program", expanding the 100% guarantee arrangement to all enterprises, and relaunching the 3-month "Employment Guarantee" program to support "extremely poor industries".
Advocate the re-launch of "investment immigration" and increase the tax rebate to 40,000 yuan
Lu Weiguo, chairman of the Democratic Federation, suggested that the government attract talents more precisely, including expanding the "High-end Talent Pass Program", allowing graduates from schools with well-known specialties to participate in the program, and providing more aggressive tax and financial support.
He urged the government to study the relaunch of the "Capital Investor Entrant Scheme", and expedite the formulation of immigration facilitation arrangements for the development of the San Tin Technology City and the Hong Kong-Shenzhen Innovation and Technology Park, so as to attract more innovation and technology talents.
Lin Jianfeng, vice chairman of the Democratic League, said that if the government distributes another 10,000 yuan of consumer coupons, it will help Hong Kong return to normal and drive business. "The most important thing is the mentality of the citizens. If everyone is happy, the society will be happy." 100% reduction in profits tax, salaries tax and personal assessment tax for this year, with the upper limit increased to 40,000 yuan.
The first-time tax-free housing "spicy trick" for people under the age of 40 will be withdrawn in stages
In addition, the party proposes to phase out the "spicy tricks" for housing, immediately abolish stamp duty for buyers; directly exempt qualified foreigners from stamp duty and ad valorem stamp duty on new residential properties, and reduce or exempt stamp duty on first-time home buyers for Hong Kong residents aged 40 or below Wait.
Lin Jianfeng: The warehouse will not be emptied and should be used at critical moments
Chen Maobo predicted earlier that the fiscal deficit for this year would be over 100 billion yuan. Lu Weiguo pointed out that part of the expenditure they proposed was to invest in the future. It is expected that there will be a high return on land creation. He also suggested that the government raise funds to develop the northern metropolitan area and The "Lantau Tomorrow" project is believed to have positive and positive impacts in the short, medium and long term.
Lin Jianfeng said that the current relief measures will not empty the warehouse. At the critical moment, they must be "used as they should be". Coupled with the promotion of consumer coupons, the results will be seen in two or three months. When the company makes money, it will pay taxes.
Budget 2023｜Xie Weiquan hopes to continue distributing consumer vouchers and promoting progressive mortgage new home housing budget｜G19 advocates redistribution of sugar, but due to the financial situation, the amount is not as high as the previous high budget︱Luo Bingham advocates distributing consumer vouchers at least $3,000 tax rebate Budget increased to $25,000 | Chen Maobo communicated with middle school students to understand his views on the future development of Hong Kong
