PolyU Library
Journal Call no.AP8.W56
AuthorHolcombe, Cathy.
Article TitleFlat rate plan heading for bumpy ride : Hong Kong model not for US, say experts / Cathy Holcombe.
Is Part OfWindow ; v.5, no.4, 26 Jan 1996, p.56, illus.
AbstractThese days, Hong Kong is on the tip of every politician's tongue as tax reform emerges as one of the biggest issues in the race for the next American president. In their bids to scrap the complicated progressive tax system in the US, which has more loopholes than a Persian rug, the Republican contenders are holding up Hong Kong and its "flat tax" system as a mecca of revenue-raising purity.