Dear Editor,
At present, Hong Kong Gini coefficient is an index showing the disparity between the rich and the poor, which has reached a record high level. According to the survey conducted in 2012, Gini coefficient of Hong Kong was 0.536, representing that the poor are getting poorer and the rich are getting richer. This phenomenon can lead to a lot of people unemployed and the unstable living conditions of the lower class. Therefore, I would like to discuss the suggestions for this issue.
There are three suggestions to tackle the problem. First of all, the government can provide a lot of job opportunities for lower class citizens. Due to the increasing gap between the rich and the poor, not only will the unemployment rate rise, but also the workplace competition will be more intense. Therefore, the government can provide more employment opportunities for the public. Moreover, the Occupation Training Bureau can also provide more diversified job-skill trainings to enhance their knowledge and competitiveness in order to increase the chance of being employed.
What's more, the government can provide more welfare to the citizens. Knowing the fact that the disparity between the rich and the poor is widening, the living conditions of the people have become more and more difficult. So the government can provide more subsidies for low-income families, such as living allowance, subsidies to the low-income students and transportation allowance, in order to alleviate their living burden.
In addition, the government can impose more tax on the rich people in order to have a better wealth redistribution. It is important to balance the wealth between the rich and the poor. When the rich are required to pay a higher rate of tax, the government can utilize the tax revenue to provide more resources to help the low-income families.
All in all, only when the government joins hands, can we help ease the problem. I believe that the gap between the rich and poor can narrow in the future.
Yours faithfully,
6E Kenson Yeung
HHCKLA BUDDHIST CHING KOK SECONDARY SCHOOL