This course examines how wealth inequality emerges in Hong Kong, why it matters, and what can be done for its reduction. Among the possible measures, this course emphasizes the unique and important role of tax in breaking up the wealth concentration. It aims to contribute to the local community sustainability by providing students with the knowledge of how certain changes to the tax system in Hong Kong can address the local wealth inequality concerns.

This course will mainly focuses on the tax principles involved instead of detailed provisions of the tax codes. Comparative tax reforms in other countries are explored which may be useful for Hong Kong. In this course, the possible tax changes to achieve more wealth redistribution are evaluated alongside their problems and/or other issues. Students will be better equipped to evaluate what tax change(s) is (are) optimal for Hong Kong.