2 3
S
4 5 6 7∞
8
9
a
10
NP
11
12
13
14
15
16
17
18
19
Cap 20
21
NP 22
23
24
2.5
26
27
28
2 2 2 2 222 222 223 ↓ in m
29
30
31
33
34
35
36
in view of the rapid growing rate of inflation which it is anticipated will
increase in the coming years.
Expenditure should not exceed income,
but bearing in mind our very large
surplus from our income, we have a duty to the community to improve their living standards, especially those who
contribute most to our surplus by
taking less from them.
Sir, in Hong Kong and in most divorce cases, maintenance for children and wife is hardly seriously pursued or conceded by the parties concerned. матре
Maybe both parties prefer a fast and a clean break. The hardship therefore lies with those single parent families and often it is
the children of the working mother who
being sufraredd
are suffering. I would therefore urge the financial secretary to seriously
三
consider some form of relief to those
single parent families. We in Hong Kong have a relaively simple taxation system. consequently it provides a very good incentive for our people to work without devoting too much time and effort in
ingerampaş thinking of various ingeneous methods
of tax avoidance. The following are
factors which the Administration should
consider carefully before contemplat- ing new taxation rising schemes in Hong
Kong. Firstly, some of these new and more complicated tax measures are likely
to give rise to a need for extra man- power to implement them. Secondly, the standard of living of the middle and
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