The "Budget" was announced today (22nd). Most of the political parties and members of parliament agree with most of the measures, but they also expect more new measures, including changing the child tax allowance to a progressive one.
The government distributed 5,000 yuan consumption coupons. G19 member Hong Wen commented that distributing sugar is capricious, while the former chairman of the New Democratic Party who opposed the consumption coupons, Ye Liushuyi, thought it could "make the citizens happy."
Additional football betting tax Ye Liu: 5 years to help the government
Ye Liushuyi believes that the description of the new "Budget" is "seeking progress while maintaining stability".
Regarding the government's redistribution of 5,000 yuan electronic consumer vouchers, Ye Liu, who once expressed his opposition to the redistribution of consumer vouchers, said: "To make the citizens happy."
The government accepted the proposal of the New Democratic Party to impose an "additional football betting tax" on the Hong Kong Jockey Club. Ye Liu is very happy about this. She believes that this plan and the "Capital Investment Entry Scheme" can both increase government revenue.
However, the Jockey Club immediately issued a statement, saying that the increase in gaming tax rate will bring irreparable structural problems, endanger the comprehensive operation model that the Jockey Club relies on for success, and completely weaken its sustainable competitiveness. Ye Liu refuted that the Jockey Club has not provided data for a long time It is predicted that its income will decrease after the increase in taxation. He said bluntly: "I will help the government in 5 years."
Party member Rong Haien is concerned that the child tax allowance will only increase by 10,000 yuan to 130,000 yuan from the current 120,000 yuan. Rong Haien described it as "the bag first", but they all hope that the government can change the child tax allowance to a progressive one in the future .
Lin Jianfeng pointed out that the reduction of sugar pies is understandable
Lam Kin-Fung from the Democratic Federation said that although Hong Kong's economic activities have begun to return to normal, many businesses are still in the cold winter.
He mentioned that "there is less sugar distribution" in the budget. I believe some citizens will be disappointed, but he thinks "sugar reduction" is understandable, because the Hong Kong government has spent nearly 600 billion yuan in reserves during the past three years to fight the epidemic. .
Lin Jianfeng is also happy to see the government launch the "Capital Investor Entry Scheme" and take active measures to introduce enterprises and gather talents. However, he pointed out that there are loopholes in the recent version of the "Gaocaitong" plan. He urged the government to do a good job of gatekeeping, " Don’t be too hasty to make decisions and gather the number of people.” It is necessary to ensure that the gathered enterprises and talents can meet the long-term development needs of society.
The government has also launched the "Travel Agency Information Technology Development Matching Fund Scheme" to assist the tourism industry that was hit by the epidemic in the past, but the Democratic Federation believes that the plan's injection of only 30 million yuan is not enough.
Liu Yeqiang mentioned that the government will collect an "additional football betting tax" of 2.4 billion yuan per year from the Jockey Club for a period of 5 years. He pointed out that the betting amount of football betting will be as high as 143.8 billion yuan from 2021 to 2022, and the tax collected by the government is only Accounted for 2.6% of the overall betting turnover.
In the long run, he believes that the government can review the relevant tax system in the future.
The DAB comments on the Budget.
(Photo by Lu Yiming)
The Democratic Alliance for the Betterment of Hong Kong refers to making good use of resources, Chen Yong urges the care team to set up special resources
The overall assessment of the DAB is that it "regulates well and makes good use of resources". Although the support measures have been reduced, it is also seen that the government is doing its best to care for the needs of the citizens within its capabilities.
Li Shirong said that this time there is only half a month of extra social welfare money, and some citizens have reflected that they understand, but hope that if the financial situation improves next year, the extra one-month amount can be redistributed.
Ge Peifan described the content of innovation and technology as positive and promising, with many forward-looking measures, but reminded the Loop District to have a timetable for land release.
Chen Yong is concerned that the "Budget" does not have a budget for the care team, and believes that special resources should be allocated.
Chen Yong also mentioned that the medical vouchers for the elderly can be "first tried first" and used across borders in the Mainland.
Liberals comment on the Budget.
(Photo by Lu Yiming)
Shao Jiahui called on the government to pay attention to human resources issues in all walks of life
Chairman of the Liberal Party Zhang Yuren said that although some of the party's proposals have not been implemented, he believes that the content of the "Budget" has achieved "to take care of the needy citizens within our ability."
He said that the catering industry was a little disappointed because there was no further reduction in license fees, but he felt it was fair because the industry's situation has been better than other industries recently.
Shao Jiahui mentioned that the 100% credit guarantee was extended for 3 months, and realized that the business community needs money in the early stage of recovery.
In terms of electronic consumer coupons, he said that the Liberal Party did not propose a specific amount, but it is more appropriate to issue 5,000 yuan in the first half of the year, because the economy will recover in the second half of the year.
In terms of tobacco tax, Shao Jiahui does not think that increasing tobacco tax will help reduce smokers, saying that it will only encourage illicit cigarettes.
In addition, he also called on the government to pay attention to manpower issues in all walks of life in Hong Kong.
In terms of talents, Li Zhenqiang pointed out that the government subsidies are insufficient, which prevents the middle class from wanting to have children.
Yi Zhiming said that it is disappointing that the government has not launched a resumption fund, and there are no details about the 100% guarantee plan.
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Wong Kwok is happy to see research on low-fee MPF portfolios
Huang Guo, chairman of the Federation of Trade Unions, said that the MPF for wage earners lost money last year, and he was happy to see that the "Budget" proposed to study an MPF portfolio with stable returns and low handling fees.
Guo Weiqiang believes that under the current increase in tobacco tax, the price increase of about 12 yuan per pack is far from the suggestion of the Smoking and Health Committee. He questions the role in reducing smokers and hopes that there will be follow-up measures to promote Hong Kong to become a smoke-free city.
There have been huge fiscal deficits in the "Budget" for two consecutive years. Deng Jiabiao said that under these circumstances, welfare expenditures have not been cut. Under the circumstances, it is also necessary to support the development of different Hong Kong people, and reiterated the hope that the consumption vouchers will become "electronic livelihood consumption vouchers", so that the grassroots can use them to pay living expenses such as water, electricity and coal.
Wu Jiezhuang is worried about population loss, Su Changrong regrets that there is no specific allocation for primary care
"C15+" MP Ng Kit-chung said that he was glad that the "Budget" focused on the digital economy and Web3, but regretted that no measures had been implemented to encourage births, and he was worried that population loss would affect the overall development of Hong Kong.
Su Changrong said that he had proposed to accelerate the promotion of the northern metropolitan area and the development of the RMB-denominated market, and he was glad to mention both of them. However, he had two regrets. He pointed out that there were no specific funding allocations for some projects that were originally the key points of policy, such as youth development and primary medical care. , only a conceptual description.
In addition, there is no bright spot to increase income, and we are worried that the deterioration of the fiscal deficit will affect the international rating and even international financing.
Lin Xiaolu Concerned About Government Revenue Jiang Yuhuan Alleges Neglect of Non-Grassroots Caregivers
Lin Xiaolu is also worried about how to generate income, pointing out that stamp duty and land income, the largest income in Hong Kong, have dropped significantly, and next year's income will also be relatively conservative. He believes that it is necessary to consider how to balance income in the future.
The northern metropolitan area will start to launch in the middle and late 2024. Lin Xiaolu believes that how to grab companies during this period is worth following up.
Jiang Yuhuan is dissatisfied with a few points, pointing out that the "Budget" takes care of low-income caregivers, but ignores the influencers of other families. Assist in public housing maintenance.
Jiang Yuhuan does not agree with the progressive rate system, and believes that under the rateable rent value, the higher the property price, the higher the rate, and the introduction of the progressive rate system is not fair to the middle class.
Hong Wen believes that funds should be "directed development" instead of Paicang
Tse Wai-chuen, the convener of "G19", said that the government and the public have experienced many difficulties in the past three years. It is not easy to write the "Budget" at this stage, but the Financial Secretary Paul Chan can still write for Hong Kong. policy, describing the Budget as "positive" and "leapforward".
The "G19" is happy to see the government's targeted measures in finance and innovation and technology. In terms of infrastructure, the government can not only manage cash flow well, but also allow citizens to participate in the joint construction of Hong Kong.
Regarding Chen Maobo's "distributing sugar" again, Hong Wen has objections to the government's approach, describing it as "willful" to distribute another 5,000 yuan consumer coupons, and said that the allocation should be used for "directed development", such as "B to B" (business to business), etc. .
Chen Peiliang hopes to have more tax incentives to help retirement protection
Chen Peiliang believes that the Budget is sensitive to the needs of the people, and more than 80% of the resources will be used for citizens and small and medium enterprises, and for those in need.
He is also pleased to see that the government agrees with my proposal to extend the Pilot Scheme for Subsidizing Insurance Linked Securities and the Pilot Scheme for Improving the Training of Insurance Industry Talents, so as to attract more issuers and cultivate talents in the insurance industry, helping Hong Kong become an international risk management center.
However, Chen Peiliang noticed that the budget did not see further improvement in terms of tax deduction and repayment to the people and strengthening retirement protection. He hopes that the government will introduce more tax incentives in the future, especially including more retirement or savings insurance products, so as to encourage citizens to retire for the future Prepare for savings and build an insurance pension system.
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The Labor Federation pointed out that the training and retention of local talents is slightly insufficient
Lin Zhensheng and Zhou Xiaosong of the Federation of Labor said that the "Budget" is forward-looking, but the efforts to rescue the people, retain and train local talents are slightly insufficient.
Lin Zhensheng is glad that the government has accepted the opinion, and believes that consumer coupons are not purely bailouts, but also help Hong Kong to accelerate recovery, thereby promoting the full recovery of the retail and catering industries.
Zhou Xiaosong believes that the training and retention of local talents is still "unqualified". The relevant measures seem to be more concentrated in the financial industry, shipping, air transportation and logistics industries, and the construction industry, and there is no macro strategy to alleviate the recent labor shortage in some industries. missing situation.
Budget｜full text of 29,000 deficits now 12 renewals of consumer coupons to reduce ad valorem stamp duty Budget｜Happy Hong Kong HAPPY HK will launch, host sea and land carnivals and food markets Budget｜Policy lazy bag: consumer coupons, Tax rebate, tobacco tax, stamp duty, budget for innovation and technology talents｜Pay candy lazy bag with $5000 consumption coupon, transportation subsidy extension