Earlier quoted context omitted.
> biggest advantage Plus the rule of law, I'd say. Well, historically.
That's only dubiously a net advantage, even historically, of HK for the PRC. It's instrumental in some of the business advantages, but it also contributes to it's big political liability for a national regime for which the law is a convenience, not a limitation.
Hong Kong: UK makes citizenship offer to residents
351–360 of 409 posts
Re: Hong Kong: UK makes citizenship offer to residents
#352Earlier quoted context omitted.
It isn't a good deal for Canadians because we can get immigrants that will contribute to Canada, pay taxes, and have children who will do the same. And many of the children of Hk immigrants will go back to HK to earn more money. They will do whatever is in their best interest.
> They will do whatever is in their best interest. Just like every other living being
Re: Hong Kong: UK makes citizenship offer to residents
#353Earlier quoted context omitted.
Then shouldn't the government be closing this loophole and taxing whatever vehicle they use to transfer wealth? I'd criticize an individual for evading taxes, but a "group" of people is just doing what people do. EDIT: If you want to talk about the "functional" value of immigrants, then you need to get to the root purpose and bring in whoever is having the most kids.
Legislation that has any kind of a racial (or perceived to be racial) aspect to it cannot really be discussed freely. Even though closing such loopholes may be perfectly legitimate, if exploitation of the loophole happens to correlate to a racially identifiable group, in the current age of social media based hyper propaganda it is a very dangerous political move for a career politician (or their party) to touch.
Re: Hong Kong: UK makes citizenship offer to residents
#354I live in Vancouver. The pattern for many Hong Kong immigrants is to have the mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. So they enjoy the benefits of a low tax HK income. And they get all the nice things that go with living in high tax Canada while not contributing to it -free healthcare, subsided University, safe communities, clean enviro…
Re: Hong Kong: UK makes citizenship offer to residents
#355I live in Vancouver. The pattern for many Hong Kong immigrants is to have the mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. So they enjoy the benefits of a low tax HK income. And they get all the nice things that go with living in high tax Canada while not contributing to it -free healthcare, subsided University, safe communities, clean enviro…
> mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. Why would the father pay taxes in Canada when he lives and works in HK (or anywhere else) and (likely) is not a Canadian tax resident? It doesn't make any sense. After all they pay local taxes in Canada while spending (GST, PST, property tax etc.)
Earning money and sitting on it doesn't hurt anyone. But in buying a nice life in Canada, you are in part buying what the government provides.
Re: Hong Kong: UK makes citizenship offer to residents
#356Earlier quoted context omitted.
It's a combination of differential racism and elitism. Is it possibly more representative of your own prejudices that you see only negative motivation here?
This is the "he who smelt it, dealt it" form of logical argument.
Re: Hong Kong: UK makes citizenship offer to residents
#357I live in Vancouver. The pattern for many Hong Kong immigrants is to have the mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. So they enjoy the benefits of a low tax HK income. And they get all the nice things that go with living in high tax Canada while not contributing to it -free healthcare, subsided University, safe communities, clean enviro…
> mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. Why would the father pay taxes in Canada when he lives and works in HK (or anywhere else) and (likely) is not a Canadian tax resident? It doesn't make any sense. After all they pay local taxes in Canada while spending (GST, PST, property tax etc.)
At first, I was also going to post about how Canada uses a residential income tax system: even if you’re a citizen, you don’t pay income tax if you live and work overseas. But it turns out where your spouse lives is relevant for determining residency. [1]
Regardless of whether the “astronaut” dads are evading taxes, the bigger question is about designing a tax system that’s both fair and easy to enforce.
[1]: https://www.canada.ca/en/revenue-agency/services/tax/interna...
Re: Hong Kong: UK makes citizenship offer to residents
#358Earlier quoted context omitted.
> mother and children live in Canada while the father works in HK.The family doesn't declare the foreign income in Canada. Why would the father pay taxes in Canada when he lives and works in HK (or anywhere else) and (likely) is not a Canadian tax resident? It doesn't make any sense. After all they pay local taxes in Canada while spending (GST, PST, property tax etc.)
Count this as evidence for consumption tax being fairer than income tax. Earning money and sitting on it doesn't hurt anyone. But in buying a nice life in Canada, you are in part buying what the government provides.
Re: Hong Kong: UK makes citizenship offer to residents
#359Earlier quoted context omitted.
Pretty soon the law-abiding and obedient people will become aware that life outside of authoritarianism is better and safer, and they will either run away or revolt.
Life in China is fine right now. They are living about 50x better off than their parents. They are educated. The CCP is super clever and imbued a sort of nationalistic pride from birth. Instead of the US's more complicated dualistic individualism/patriotism combo, the Chinese people actually get some sort of pride for being a cog in the CCP machine. It's a completely different paradigm and obviously super dangerous b…
Re: Hong Kong: UK makes citizenship offer to residents
#360Earlier quoted context omitted.
No. As anyone with an interest in politics in the UK will tell you, free movement literally ended yesterday.
The problem with trying to threaten the EU with a no deal exit is it's like a bank robber threatening to blow his own head off - messy, undesirable, but ultimately not very persuasive.