Hong Kong’s government said it would dole out $15.4 billion in cash payouts and other stimulus in its annual budget in an attempt to resuscitate an economy reeling from the coronavirus epidemic and months of antigovernment protests.
The city will give each of its adult permanent residents 10,000 Hong Kong dollars in cash—a $9 billion combined payout—and slash salaries tax for close to two million workers, Financial Secretary Paul Chan said Wednesday. He also announced tax breaks and financial aid for companies.
Freedom is cheaper.
Keynes?
Where’s that money coming from?
Fact Check: Payouts don't help the dead. ✅
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Hong Kong extends school closures in attempt to contain coronavirus outbreakHong Kong has announced that all classes in schools will be further suspended until at least April 19 to prevent the spread of the novel coronavirus. What happens on the 19th..? The virus dies off? Sounds suspect. Why approx 7 weeks to 'contain' a deadly virus. Why not suspend indefinitely until they can find a solution? Remember, Hong Kong was conquered by the British. Hmmm a 'specific' time sounds suspect & questionable. Isis Holy smokes.
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Hong Kong plans handouts, tax cuts to counter economic woesHong Kong's government is proposing a nearly $1,300 cash handout for each resident over 18 years old to help alleviate hardships brought on by the spreading viral outbreak and prolonged political protests Would be REAL simple if you just went democratic! What a joke this world that MEN have created is! Time for women to take it back! But at the same time raising budget for police by 25%, making the police’s spending almost half of the total spending for disciplinary forces.
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