30 October 2010

A caring society

Injecting $5B (care) + $50B (medical insurance) in good years is an ingenious move: (a) to "circumvent" the principle of keeping the expenditure within the limits of revenues in bad years (BL107)?; and (b) to maintain a low tax policy by squeezing the local tycoons but not the foreign companies (BL108)? Is Hong Kong becoming a welfare state?

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