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Press Release
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FS speaks on public consultation on tax reform
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Following is the transcript
of remarks (English portion) by the Financial Secretary, Mr Henry
Tang, after attending a radio programme this morning (July 19):
Reporter: The Goods and Services Tax
is a very contentious issue. Do you think that it is very difficult
for the government to get the amount of support that will be needed
to put this reform through?
Financial Secretary: Of course I know
this is a very controversial issue. But it is also an important
issue that the community should understand, learn about it and to
have a chance to express their views and engage in public discussion.
Being a responsible government with foresight, I think it would
be irresponsible if we were not to launch this consultation when
we have a window to launch a public discussion. I think it is important
that we have this discussion. It is also important that the public
can reflect on what is a fair taxation system and what is their
fair share of tax burden.
(Please also refer to the Chinese
portion of the transcript.)
Ends/Wednesday, July 19, 2006
Issued at HKT 13:29
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