27-03-2013, 08:30 AM
(27-03-2013, 06:02 AM)HitandRun Wrote:(26-03-2013, 11:55 PM)pianist Wrote: $169B sulpus mainly from land sales are not reported to the citizens
Aiyoh! What do you mean not reported to citizens? If those lazy citizens bother to read the budget website, e.g. Revenue Vs Expenditure Estimates, will not anyhow make such an accusation.
If I recall correctly, Parliament has also debated several times on definition and why govt adopted more conservative definition of revenue, i.e. excluding capital receipts unlike Hong Kong. If one is a value investor, would you wish that you company adopt conservative or aggressive accounting policies?
you also dunno anything, you are just blindly following and without questioning whatever the government is spooning out to you.
And do stop trying to moderate the threads.