755 Patriotic Chamber of Commerce, Hong Kong Government Tax Increase Plan(2/2)
This allows you to experience the powerful stimulation tea brings to your taste buds.
This is an experience that tea cannot bring after being diluted dozens of times...
"We currently believe that the Hong Kong government will probably increase tariffs, stamp duties, property taxes, entertainment taxes and profits taxes in certain industries."
Mr. Huo put down his teacup.
Swallow the leaves.
Preach aloud.
Among the three major direct taxes of the Hong Kong government, salaries tax is personal income tax, profits tax is business profit tax, and property tax is considered a "rich person" tax.
Various indirect taxes are a supplement to the "profits tax", allowing the government to "draw water" and make money in certain violent industries, financial industries, and franchise industries.
Under normal circumstances, it is impossible to raise the salary tax, because raising the salary tax is against the middle and lower-class citizens.
This is not good for the Hong Kong government.
Giving "salaries tax" discounts to low-income citizens is a common practice in various developed countries and regions.
Adhering to the principle that the rich are taxed more and the poor are taxed less.
Only then can society develop better.
After drinking the tea, Zhuang Shikai played with the tea cup, admired the celadon glaze inscriptions, and sneered: "The British side has thousands of tax collectors, enough to formulate a detailed, standard, and highly targeted tax increase policy."
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"Increase our taxes to suppress Chinese-funded enterprises. Once Chinese-funded enterprises are attacked by tax, the first point will be a decrease in profits, and the next step will be an increase in costs, which will then give British companies the opportunity to invade."
"After British-funded companies enter related industries, as long as the Hong Kong government gives them some sweeteners, it will be a good thing for British companies."
"After all, these industries don't have their share in the first place... they can only get it because of the government's tax incentives."
Mr. Shao, Mr. Huo and others all stopped their movements, cast their gazes, and listened quietly to the speech of the "leader of the Patriotic Chamber of Commerce".
"This should be one of Charles' political goals in coming to Hong Kong, to avoid the political world and the police force, and use the business world that is easier to control to achieve his first victory."
Mr. Shao knew that the conversation was about to get to the point.
Chapter completed!