Source: China Jingwei.com

Taiwan leader Tsai Ing-wen. Picture/Taiwan's "United Daily News" file photo
China Economic Net reported on January 3 that Taiwan's " United News Network " reported that the Taiwan authorities' financial department estimated that Taiwan's tax revenue in 2022 is expected to exceed the budget by 450 billion yuan (New Taiwan Dollars, the same below). Many public opinion representatives have called for "repaying taxes to the people." However, Taiwan leader Tsai Ing-wen mentioned in a speech on the 1st that in response to the uncertainty of the global economy, 70 billion yuan will be deducted from the "over-levy red envelope" for local governments. The available fiscal surplus of 380 billion yuan will be planned from three aspects and four steps, pointing out that money must be spent wisely. In response, Lin Zhuoshui, a former public opinion representative in Taiwan, criticized, "It turned out that hundreds of billions of dollars were not spent on the Taiwanese people? Now you finally admit it?"
Recently, all walks of life on the island have discussed the topic of "repaying taxes to the people." Taiwan leader Tsai Ing-wen said that in 2022, Taiwan's tax revenue will exceed the budget by about 450 billion yuan. After deducting the 70 billion yuan that should be allocated to local governments, the Taiwan authorities will still have 380 billion yuan available. However, she mentioned that the current global economy is highly unstable, and the government will implement a three-pronged, four-step plan, including using 100 billion yuan to fill the financial gap in the labor insurance and health insurance fund structure, while also subsidizing electricity prices, and using another 100 billion yuan to launch the first wave of seven measures to strengthen the resilient economy.
As for the remaining 180 billion yuan, Tsai Ing-wen mentioned, "There may be a second and third wave of response measures to prepare for emergencies; the fourth step is to study feasible plans to share with the whole people in a timely manner and within the scope of fiscal permission when there is sufficient capacity."
In response to these remarks, Lin Zhuoshui posted on social media, "It turns out that there are hundreds of billions of dollars that are not used for the people? Now it is finally admitted? I don't know where it was used?" Finally, he also bluntly said, "Is it compiled in the secret budget or can't be found in the secret budget? The words of officials of the Tsai administration are becoming increasingly difficult to understand." (Source: China Jingwei.com)