Hong Kong brought in a lot of money this year, but will they spend it wisely?

In her first Policy Address, new Hong Kong Chief Executive Carrie Lam proposed a new two-tier profit tax system designed to ease the burden on small-and-medium-sized enterprises (SMEs). But only a small proportion of Hong Kong's businesses actually pay profit tax, and the likelihood is that a higher proportion of them are big businesses.

The government is too rich to levy salaries tax.