政府預算

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31.

Suppose there is a change in an income tax as follows:

Marginal Tax BandMarginal Tax Rate (%): Old SystemMarginal Tax Rate (%): New System
First $30 000 taxable income2.02.0
Next $30 0007.58.0
Next $30 00013.014.0
Remainder18.520.0

Under the new system,

32.

Mr. Wong has the following expenses in Hong Kong:

(1)three nights' room charge for a local hotel
(2)bets on football at the Hong Kong Jockey Club
(3)spending on cosmetics for his wife

Which of the above expenses are subject to an indirect tax in Hong Kong?

33.

Which of the following taxes are progressive?

Question figure
34.

Suppose the salaries tax allowance in Hong Kong decreases and the salaries of taxpayers remain constant. It results that

35.

If the government raises the profits tax rate,

36.

The following table describes a tax:

Taxable Income ($)Tax Payment ($)
10 0002 000
20 0003 800
30 0005 400
40 0006 800
50 0008 000

The above tax would

37.

Which of the following statements about the tax system of Hong Kong is correct?

(Note: The estate duty was abolished in 2006.)

38.

Mr Lee lives in his own house. He bears an opportunity cost from living in that house because

(1)he could earn rental income from letting the house to others.
(2)he has to pay property tax to the government.
(3)he has paid a sum of money to buy the house.
39.

Suppose the government of an economy announces that the people will have to pay a general sales tax of 2% of the selling price when they purchase any goods and services. The government also launches a series of programmes to make sure that the public understands the new tax. Which of the following taxation principles is illustrated by the above measures of the government?

40.

If a general sales tax is introduced in Hong Kong,

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