Ming Pao: The business community welcomes balanced budgets and spurs weak investment and employment

February 20, 2020
Colin Wong

[EXCERPT]

商業議會執行副總裁兼首席政策官芬萊森(Jock Finlayson)說,對一小部分人徵收更高的個人入息稅,所產生的稅收效益將低於預期,委員會擔心,隨著時間的推移,愈來愈多的企業總部和總部職位將從本省遷移到其他地區。

Translated:

Jock Finlayson, executive vice president and chief policy officer of the Business Council, said that imposing a higher personal income tax on a small number of people would yield lower-than-expected tax benefits, and the committee was concerned that over time , More and more corporate headquarters and headquarters positions will be relocated from the province to other regions.

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