Monday, October 23, 2006

The Real Reason for a GST

Yes yes, one of the most debated topics this year is the possible introduction of a Goods and Sales Tax (GST). Pretty much everyone in Hong Kong, including all political parties are opposed to having a GST. Tourism and the poor are the two groups that will be hit the hardest by this tax. Please feel free to Google it and read all about the details.

What came to the public's attention was a leak last week about the Government's plan to purchase a fleet of the Volkswagen Phaeton. These cars will replace the current fleet of BMW 7-series luxury sedans, purchased back in 1997. Their excuse was that the BMWs were close to 10 years old, have around 200,000km on the odometer, and it is "about time" to replace them.

Meanwhile, a lot of questions are being asked (see article on the left): why so soon (referring to 10 years)? The old BMWs still run great. How did they manage to rack up 200,000km? A lot of non-work related use would be a good guess (so high mileage is not a good excuse). Why the Phaeton? Why not a cheaper, more environmental car?

This comes as quite a shock to Hong Kong people after they heard our Financial Secretary, Henry Tang, brazenly ask the question, "Where is the money to come from?", referring to the need for a GST.

Well, I can't tell you where the money will come from, but I guess I know where its going.

2 comments:

Anonymous said...

the officials are slapping themselves in the face...

Anonymous said...

my mitsu galant have 135000 miles
It is still running fine.
Imagine if Hong Kong have snow? They will need to get a fleet of Hummers