00
THURSDAY, MARCH 4, 1993
+
NUMBER
THE
DO.
AND I AM NOT AT ALL EMBARRASSED TO BE REDUCING OF TAXES.
ΤΟ I MEAN I THINK THIS IS A PRETTY GOOD THING AND REMEMBER THE TAXES THAT I HAVE BEEN DELETING IN THE LAST COUPLE OF A YEARS WERE TAXES THAT WERE INTRODUCED BY ONE OF MY PREDECESSORS AT TIME WHEN THE FINANCES WERE THOUGHT TO NEED SOME ADDITIONAL REVENUE, WHY THEY WERE INTRODUCED. IF WE NO LONGER NEED IT, WE THAT'S
SHOULD
GET RID OF THEM, THAT IS MY VIEW.
IN
IN
VERY NEED
I THINK WHAT HONG KONG NEEDS IN THE RUN UP TO '97, ΤΟ COME BACK PARTLY TO YOUR EARLIER QUESTION, IS A LACK OF INNOVATION TAXATION THEORY AND PRACTICE. I THINK PEOPLE WANT STABILITY TAXATION AS IN OTHER MATTERS, THAT IS TO SAY THEY DON'T PARTICULARLY
NEW WANT
TAXES INTRODUCED FOR THEORETICAL REASONS.
A WE HAVE GOOD TAXATION SYSTEM, WE HAVE GOOD REVENUES, AND I DON'T SEE THE FOR RADICAL REFORM.
QUESTION:
DEAD AND BURIED, FOR AS LONG AS YOU ARE
FINANCIAL
SECRETARY?
FS:
PROPOSAL,
WELL, NO ONE EVER LIKES то ACTUALLY BURY A TAX
COBWEBS SO WE WILL JUST LEAVE IT IN THE BACK ROOM WITH
ON
IT.
QUESTION:
SAID THAT
PROBLEM
OF
REPRESENTATIONS FROM THE CONSTRUCTIONS, IT HAS BEEN THE SUGGESTION YOU SUGGESTED YESTERDAY, ΤΟ OVERCOME THE
PUBLIC WORKS EXPENDITURE LESS THAN THE BUDGET IS
NOT
SO
DEMOCRATIC.
FS:
-
BUT
WE
то
I DIDN'T SEE THAT AND I'D LIKE TO KNOW WHY. HAVE ACTUALLY SAID THAT WE HAVE A RANGE OF IDEAS BUT WE WOULD LIKE DRAW ON PARTLY PRIVATE SECTOR BEST PRACTICE AND EXPERIENCE AND SEE HOW MUCH THAT CAN BE APPLIED, WE WOULD LIKE TO EXPLORE WIDER USE OF DESIGN AND CONSTRUCT AND SO ON. SO I AM NOT QUITE SURE WHICH PARTICULAR BIT SOMBONE DIDN'T LIKE.
QUESTION:
BECAUSE THE CONSTRUCTION INDUSTRY, THEY THINK THAT THE PROBLEM LIES IN THE LONG PERIODS OF TIME FOR THE LEGISLATIVE COUNCIL
ISSUE ΤΟ
THINGS TO THE RELEVANT DEPARTMENTS AND FOR THE DEPARTMENTS TO AGREE ON THE DESIGN OF THE PROJECT.
FS:
DIFFERENT
WB
IS, THINK t
IT JUST THE LEGCO END BEFORE IT EVER GETS
WELL, WE ARE LOOKING AT THE WHOLE THING, THAT AT ALL THE PROCEDURES AND TIME THINGS, BUT ARE LOOKING WOULD CERTAINLY BE NOT FAIR TO SAY THAT IT IS OF THE PROCEDURE, THERE IS A LOT THAT HAPPENS TO LEGCO WHICH WE HAVE ALSO GOT TO TIGHTEN UP.
EXACTLY
DELAYS
THAT
ANY ONE PARTICULAR PROCEDURE IS TO BLAME FOR MIGHT TAKE PLACE, IT IS A MATTER OF FORECASTING WHAT THOSE DELAYS ARE.
SECRETARY FOR WORKS:
1 THINK THAT IS ABSOLUTELY FINANCIAL. SECRETARY. THE PROCESS OF PLANNING, AS YOU KNOW WE'VE GOT MORE THAN A THOUSAND ITEMS UNDER PLANNING.
OF THE PROCESS
THOSE
IS ITEMS FORWARD, ACCORDING TO A FIXED PROGRAMME, AREA THAT WE ARE LOOKING AT AT THE MOMENT, AND IT IS NOT RIGHT TO THAT ANY
RIGHT,
BRINGING
THE
SAY
/MR MACLEOD