22
THURSDAY, MARCH 28, 1985
MR YEUNG OBSERVED THAT STABILISING THE SIZE OF THE CIVIL SERVICE COULD CERTAINLY RESULT IN A MORE EFFECTIVE DEPLOYMENT OF MANPOWER AND BETTER UTILIZATION OF ECONOMIC RESOURCES.
+WHILE STEPS ARE BEING TAKEN TO GRADUALLY DEVELOP A SYSTEM OF REPRESENTATIVE GOVERNMENT, GOVERNMENT DEPARTMENTS SHOULD ALSO MAKE CORRESPONDING REFORMS IN A BID TO CULTIVATE GOOD FRUGAL HABITS FOR THE NEW REPRESENTATIVE GOVERNMENT AS WELL AS THE FUTURE 'GOVERNMENT BY HONG KONG PEOPLE' TO FOLLOW, HE SAID.
ON THE TAX PROPOSALS IN THE BUDGET, MR YEUNG CONSIDERED THE BALANCED AND PRUDENT APPROACH AS A +SENSIBLE MOVE+ BECAUSE HONG KONG'S ECONOMY WAS IMPROVING BUT HAD YET TO RECOVER FULLY.
HE ALSO REGARDED IT AS SENSIBLE AND REASONABLE FOR THE GOVERNMENT TO RELY LESS AND LESS ON REVENUE FROM LAND SALES.
ON THE INTRODUCTION OF TAX-AVOIDANCE LEGISLATION, MR YEUNG WELCOMED SUCH A MOVE BECAUSE HE BELIEVED AVOIDANCE OF TAXES HAD BECOME A MAJOR PREOCCUPATION OF AN INCREASING NUMBER OF TAXPAYERS AND WAS AFFECTING REVENUE FROM DIRECT TAXATION.
MEANWHILE, HE SUGGESTED THAT THE RATE OF INFLATION SHOULD BE TAKEN INTO ACCOUNT WHEN CONSIDERING THE INCREASE OF A FAMILY'S
INCOME TAX ALLOWANCE.
HẸ ALSO PROPOSED THAT TO BENEFIT MORE TAXPAYERS, THE ADDITIONAL ALLOWANCE FOR DEPENDENT PARENTS SHOULD BE EXTENDED TO THOSE WHO WERE NOT ABLE TO RESIDE WITH THEIR PARENTS FOR VARIOUS REASONS BUT WERE ACTUALLY GIVING THEM FINANCIAL SUPPORT.
ON EXPENDITURE, MR YEUNG AGREED WITH THE ALLOCATION OF MORE FUNDS FOR EDUCATION, HOUSING, SOCIAL SERVICES AND MEDICAL SERVICES, BELIEVING THIS WOULD CERTAINLY CONTRIBUTE TOWARDS THE BUILDING OF A BETTER COMMUNITY.
+ IT WILL AT THE SAME TIME BE INDICATIVE OF THE GOVERNMENT'S DETERMINATION IN MAINTAINING STABILITY AND PROSPERITY.
+THIS WILL DEFINITELY PROVIDE THE GENERAL PUBLIC WITH SOME ENCOURAGEMENT, HE SAID.
143
No comments yet.
Private notes are available after approval.