Originally Posted by
Pickuptruck
The Hkg govt has listened to the masses of protesters demanding affordable housing (amongst other things) and pivoted to a socialist agenda. The cost of this for the Govt in the coming decades isn't possible based on 17% income tax, so the only way forward is to up tax to closer to 25% or the 33% over the border. There goes any competitive edge for Hong Kong. This is what all the economists are questioning.
Did you make this up yourself?