Wu Jiezhuang: Oppose the tax increase proposals put forward by the public, including virtual asset stamp duty

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Hong Kong SAR Legislative Council, said on social media that he met with the Hong Kong SAR Financial Secretary Paul Chan Mo-po and Deputy Secretary Wong Weilun this morning and expressed the hope that the general principles of the budget plan would be zero tax increase, less levy, and more Momentum, opposes different tax increase proposals put forward by the public, including the imposition of asset value-added tax, departure tax and virtual asset stamp tax; believes that it is necessary to enhance the development momentum of various industries, tear down walls and loosen restrictions, and vigorously develop the Web3 industry.

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