geoduck
Godfather of Hole
Rank: 9Rank: 9Rank: 9


UID 41248
Digest Posts 0
Credits 7512
Posts 3232
Karma 7419
Acceptance 1854
Reading Access 90
Registered 12-3-2010
Status Offline
Post at 3-3-2011 22:01  Profile P.M. 
Font size: S M L


QUOTE:
Originally posted by rs400 at 3-3-2011 20:40
Bank of East Asia (SEHK: 0023) economist Tang Sai-on estimated the handouts would lift inflation by 0.2 percentage points to 4.7 per cent this year. "The cash handouts amount to about one per cent of the gross domestic product. Even if just half of that is spent, it will still push up inflation."

There you have it. It does little for inflation in HK but for WGs, this could spell a 20% increase in their prices as they would be more accessible to would be punters.

QUOTE:
Originally posted by rs400 at 3-3-2011 20:40
Macau, I believed, didn't post cheques out, but those eligible would go collect the cheque?

In Macau, the cheques are most definitely mailed out to the recipeints but John Tsang had said this would be impractical for HK. Govt will make sure it won't be easy getting hold of this $6,000 so those who don't need the money may forfeit the benefit. We shall see.
Top
mrjones
Carnal Conqueror
Rank: 3Rank: 3



UID 28335
Digest Posts 0
Credits 307
Posts 272
Karma 306
Acceptance 24
Reading Access 30
Registered 26-7-2009
Status Offline
Post at 3-3-2011 22:03  Profile P.M. 
Font size: S M L
I think this is a bit of a farce.  Couldn't see Kowloon today from HK Island as the air is so thick with pollution, and the govt is handing out free cash.

Real shame they didn't use this to help clean up the air pollution here.
Top
acerbe
Kinky King
Rank: 5Rank: 5


UID 40674
Digest Posts 0
Credits 1444
Posts 411
Karma 1424
Acceptance 396
Reading Access 50
Registered 2-3-2010
Status Offline
Post at 4-3-2011 00:57  Profile P.M. 
Font size: S M L
to be honest if the govt had that much money to spare they should have used it to help those who really need it i.e the sick and the poor.

Now you're gonna see Li Ka Shing queuing up at the bank to collect his 6k... the real way to spend this money in a meaningful way would be to collect it and then donate it to charity... if everyone did that HK would surely be a better place...
Top
junglefever
Nookie Newbie
Rank: 1



UID 4089
Digest Posts 0
Credits 88
Posts 106
Karma 87
Acceptance 17
Reading Access 10
Registered 30-10-2007
Status Offline
Post at 4-3-2011 02:57  Profile P.M. 
Font size: S M L
Acerbe, I'm not from Hk, so I'll take your 8-9 free punts.   In return, I promise to make HK a better place!
Top
Canonball
Musky Member
Rank: 2


UID 37622
Digest Posts 0
Credits 154
Posts 225
Karma 153
Acceptance 16
Reading Access 20
Registered 9-1-2010
Status Offline
Post at 4-3-2011 06:13  Profile P.M. 
Font size: S M L
Reply #14 SEAJ's post

yea i think its called resettlement estates rentals
i immigrated here around 10 years ago and i kept my place .. my uncle seldom camp there but its still part of my proprety
Top
Canonball
Musky Member
Rank: 2


UID 37622
Digest Posts 0
Credits 154
Posts 225
Karma 153
Acceptance 16
Reading Access 20
Registered 9-1-2010
Status Offline
Post at 4-3-2011 10:10  Profile P.M. 
Font size: S M L
bad news to break it off to you guys.
all of us permanent resident not living in hong kong are not eligeable for this handout
its taxpayers only.. and its not 6000 hkd .. its up to 6000 hkd each for tax refunds
source : http://www.rthk.org.hk/rthk/news ... 2&56&737728
Top
angst
Godfather of Hole
Rank: 9Rank: 9Rank: 9


UID 16080
Digest Posts 0
Credits 8144
Posts 2261
Karma 8035
Acceptance 2170
Reading Access 90
Registered 21-11-2008
Location Hong Kong
Status Offline
Post at 4-3-2011 12:26  Profile P.M. 
Font size: S M L
Reply #26 Canonball's post

its two part

There is a 6k handout to all permanent residents over 18

Then there is a 75% tax rebate capped at 6k to all taxpayers

Non-residents and those not covered could get help from some special fund, of which details are yet to be worked out
Top
bigwilly55
Nookie Newbie
Rank: 1



UID 55126
Digest Posts 0
Credits 4
Posts 4
Karma 4
Acceptance 1
Reading Access 10
Registered 10-11-2010
Status Offline
Post at 4-3-2011 12:28  Profile P.M. 
Font size: S M L
Here's an excerpt from the above news article: "...Mr Tsang has instead proposed that all permanent residents over the age of 18 will receive a HK$6,000 handout from the government, while taxpayers will enjoy tax rebates worth up to HK$6,000."

I believe this handout applies to all holders of HK permanent IDs, regardless if they are living in HK or not.
Top
di3selz
Musky Member
Rank: 2



UID 60637
Digest Posts 0
Credits 123
Posts 123
Karma 123
Acceptance 5
Reading Access 20
Registered 15-2-2011
Status Offline
Post at 5-3-2011 01:34  Profile P.M. 
Font size: S M L
I just found out about this too! so sweet im from NA but I still get to go back and get the 6000!
Top
YRNAMPLZ
Nookie Newbie
Rank: 1



UID 52736
Digest Posts 0
Credits 89
Posts 83
Karma 88
Acceptance 10
Reading Access 10
Registered 30-9-2010
Status Offline
Post at 7-3-2011 04:36  Profile P.M. 
Font size: S M L


QUOTE:
Originally posted by gudang at 3-3-2011 20:12
Where do you go to get this 6000HKD? and all that is required is a permanent residency?

Yes, I think they have to spend another 2k to arrange redemption center, tellers for printing cheques or counting notes...
How can a government distribute $6k to each of those millions population?
Top
Canonball
Musky Member
Rank: 2


UID 37622
Digest Posts 0
Credits 154
Posts 225
Karma 153
Acceptance 16
Reading Access 20
Registered 9-1-2010
Status Offline
Post at 7-3-2011 04:56  Profile P.M. 
Font size: S M L
lol at hk citizens apparently (news from my cousin in hk) they are on protest and want to raise it to 17 000 hkd
but i personnally dont think its even gonna be distributed .. theyre just probably using this "proposal" to use the media to distract the people's attention
away from the situation in China.. something similar to 9/11
Top
johndoe83
Lustful Lord
Rank: 4


UID 34072
Digest Posts 0
Credits 769
Posts 730
Karma 765
Acceptance 81
Reading Access 40
Registered 8-11-2009
Location US
Status Offline
Post at 7-3-2011 09:30  Profile P.M. 
Font size: S M L
Reply #28 bigwilly55's post

So I'm confused, some are saying yes you can go back and some are saying you can't go back to get the money?  So if I have family members that still have HKID, we can take a trip back to Hong Kong and I guess part of the trip can be subsidized by the 6k.  That's would be awesome, but at the same time, it's quite a stretch since we are no longer paying money into the HK government but to Uncle Sam.  I don't know how that would make much sense.
Top
bigwilly55
Nookie Newbie
Rank: 1



UID 55126
Digest Posts 0
Credits 4
Posts 4
Karma 4
Acceptance 1
Reading Access 10
Registered 10-11-2010
Status Offline
Post at 7-3-2011 12:00  Profile P.M. 
Font size: S M L
I believe that Hong Kong law allows for the dual citizenship of its citizens i.e. one can obtain foreign citizenship and still be considered a Hong Kong citizen. Therefore, even if you pay your taxes to Uncle Sam, you can still be eligible for the $6000 handout. Neat, huh?
Top
 


All times are GMT+8, the time now is 24-11-2024 16:16

Powered by Discuz! 5.0.0 © 2001-2006 Comsenz Inc.
Processed in 0.034259 second(s), 8 queries , Gzip enabled

Clear Cookies - Contact Us - 141Love
Disclaimer: This forum is operated as a real-time bulletin board system. 141CLUB.COM carries no legal liability on its contents. All messages are solely composed and up-loaded by readers and their opinions do not represent our stand. Readers are reminded that the contents on this forum may not convey reliable information thus it is readers' own responsibility to judge the validity, completeness and truthfulness of the messages. For messages related to medical, legal or investment issues, readers should always seek advice from professionals. Due to the limitation of the forum's real-time up-loading nature, 141CLUB.com is not able to monitor all the messages posted. Should readers find any problems regarding the messages, do contact us. 141CLUB.COM reserves the rights to delete or preserve any messages and reject anyone from joining this forum. 141CLUB.COM reserves all the legal rights.