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EPA Presentation Title: Adopted Low Tax Policy. Group Member: Veronica Fung (11) Winkie Fung (12) Valerie Hau (13) Natalie Kwok (17) Kristi Lam (18). Low tax policy. Economy. Social. Political. Salary tax (low). Profit tax (low). Attract tourism to consume.
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EPA PresentationTitle: Adopted Low Tax Policy Group Member: Veronica Fung (11) Winkie Fung (12)Valerie Hau (13) Natalie Kwok (17) Kristi Lam (18)
Low tax policy Economy Social Political Salary tax (low) Profit tax (low) Attract tourism to consume Deduce government income from public Attract businessman invest in Hong Kong After- tax income increase Incentive to invest in increase Affect building the public facilities (e.g. Infrastructure) Working incentive Increase Competitive-ness in Hong Kong More trades between foreign countries and Hong Kong Increase production Consumption increase Employment increase Complaint from residents More production The quality will be better Increase variety of production Have more choices Higher living standards HK Gains popularity