Lifestyle choices go up in smoke with tax rises
Peter Wong- South China Morning Post (EDT, EDT11, 31/01/2011) A discouraging government report released recently says that the number of daily smokers in Hong Kong has increased marginally, while the number of legitimate cigarette sales has gone down. This suggests that, regardless of the tax on tobacco, the government’s currentContinue reading>
Use the noodle on competition law
Peter Wong and Wong King Ming (The Standard, 26 February 2008) Attempts to fix prices have led to a government proposal for legislation. But beware: regulations of that nature are a double-edged sword Peter Wong and Wong King Ming Because of government efforts, the Hong Kong and Kowloon Vermicelli andContinue reading>