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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%Feb 3 4:00 PM EST
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To: TobagoJack who wrote (29994)2/27/2008 3:06:05 PM
From: Maurice Winn  Read Replies (3) of 220005
 
I agree with the idea of charging visitors, imports etc because a country is like other biological entities and its survival comes from defending itself against the outside.

As you say, there is an optimum amount to charge [too little and visitors are being given a gift, too much and they'll go to Beijing instead of Hong Kong] and that amount is the minimum needed to protect the entity and the commons.

A room tax is a dopey way of charging though. It would be better to charge an entry fee to Hong Kong so that should people sleep in the parks, they will still pay the room tax. Hong Kong has obviously figured out that a room tax is bad, which is why they are ditching it.

Mqurice
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