Analyses | Public administration and legal system | 2016-02-29 | Sing Tao

Should the Government specify the uses of corrective tax revenue?



Corrective taxes are used mainly to discourage unwanted behaviour rather than generating revenue. Still, the revenue can be lucrative. For example, the cigarette tax reins in billions annually for the Government. Unlike some governments, Hong Kong does not set aside any specific uses for the revenue. What is the best way to use such revenue?

The full version of the commentary is in Chinese only.