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It would be remiss of me not to think along these lines against the possibility of a less buoyant financial position than we enjoy at the present time. Mr. David Li, in a speech full of sound and fury, spoke of the likely effect of a sales tax on the less advantaged members of our community and referred emotively to rice, congee and noodles.
This was at
best unfair and at worst misleading in the light of the fact that no specific proposals were before this Council for 'debate. Miss Dunn suggested that my proposal should be put on the back burner; as every good housewife knows, that which is on the back burner often simmers gently until it is cooked to perfection.
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I repeat what I said both this year and last; that is, that I am not proposing to alter the balance between direct and
indirect taxes without the most careful consideration of the financial and economic effects. Nevertheless, I am grateful to those Members who have encouraged me to continue with my studies. To draw upon the words of Mr. Martin Lee, I hope that my motives will now begin to be properly understood.
so.
In
And now to the separate taxation of working wives. my Budget Speech I said I was prepared to consider further how such separate taxation might best be introduced. I certainly did not reject the idea as some Members suggested. Given the now almost unanimous support in this Council for this measure, I am able to make a firm commitment to introduce separate taxation for working wives
as soon as practicable; administrative arrangements to give effect to this commitment are already in preparation.
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Members will recall that I warned that there are a number of difficult questions to be resolved,
to
resolved, options to be considered, and technical procedures to be completed before
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