Civil Servants to take pay cut so tax cuts can be afforded

Not here stupid! In Hong Kong of course, where else.

Hong Kong’s chief executive and top government ministers will take a more than five percent pay cut as part of the city’s belt-tightening during the economic downturn, reports said Monday.

The latest move comes as the government was expected to announce a pay cut for around 18,000 of the city’s best-paid civil servants, a move that has sparked protest from unions.

Good idea, outrage those unions.

Thanks to Cactus Kate for providing this outstanding bit of news. As Cactus says imagine New Zealand’s public sector taking a 5% pay cut so those in the private sector can enjoy a tax cut. Yes I’m imagining it….damn i think it could be possible….poof!….damn just a pipe dream.