Hong Kong's government was Monday under pressure to narrow the city's growing rich-poor divide after amassing record-breaking reserves of nearly US$75 billion.
Eight out of 10 people in a survey released Monday said the city government was hoarding too much money and should take steps to return wealth to the people.
In his budget speech Wednesday, Hong Kong Financial Secretary John Tsang is expected to confirm government reserves of HK$579 billion (US$74.3 billion), twice their level in 2003-2004.
The survey by the pro-business Liberal Party called on the government to cut income tax by 10 percent and give more money in allowances for the elderly and disadvantaged.
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