Secretary for the Economy and Finance Francis Tam Pak Yuen expects revenue from direct taxes on gaming to be MOP115.5 billion (US$14.46 billion) next year, about the same as this year and enough to cover the government’s spending plans. Mr Tam told the Legislative Assembly that the absence of growth in revenue from direct taxes on gaming would reduce only the budget surplus, not government spending. He said next year’s budget envisaged total revenue of MOP154.66 billion.
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