Letters | Hong Kong government cannot please everyone, whether on vouchers or taxes

The government must have its objectives and basic principles clearly in mind when launching any initiative and communicate them effectively to the public

Paul Chan

Letters

Published: 7:25am, 17 May 2021

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In his February budget speech, Financial Secretary Paul Chan Mo-po said that digital consumption vouchers worth HK$5,000 (US$644) per Hong Kong resident would be issued in instalments to stimulate the economy. Nearly three months later, this scheme has yet to be launched.

Some question why it has taken the government so long to decide on the details of the handout. Some also question why the government does not simply give it out in cash.

While it is important to listen to the views of the public, the government cannot please everyone. Even its previous cash payout schemes have drawn criticism over who should benefit. The most important thing is that the government has its objectives and basic principles clearly in mind when launching any initiative and is able to convey them to the public.

After the severe acute respiratory syndrome epidemic in 2003, a government television announcement showed how buying a “pineapple bun” could lead to other transactions that in turn provided employment opportunities and stimulated the economy. The government needs similar promotional material to explain to the public why digital consumption vouchers, not cash, are to be handed out this time.

03:43

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The objectives of some previous government schemes, such as the HK$10,000 cash handouts, were often unclear. Also, the government tends to back off when faced with public objections and obstacles instead of responding with strong and easily understood messages.

The government has now said it will carry out research related to the introduction of new taxes and prepare to facilitate in-depth discussions at a suitable time. A review of the government financial model is indeed much needed for our sustainable development and for building a more equal society.

The government needs to be well prepared, to be clear about its policy objectives and principles, and to have a well thought-out plan. The coming tax review must not be another exercise in consultation after consultation in search of an impossible consensus.

Susan Chan, secretary general, Business and Professionals Federation of Hong Kong