Reference News Network quoted Chen Guoliang, a professor at the Department of Finance at Taiwan National Chengchi University, who published an article on Taiwan's " United News Network ", focusing on the issue of excessive taxation by the Democratic Progressive Party authorities. According to reports, the tax overtax collected by the Democratic Progressive Party authorities in 2022 is expected to exceed 450 billion yuan (NTD, the same below). Chen Guoliang believes that over-levied taxes are financial resources that have not been included in the policy plan. The occurrence of such a huge over-levied tax indicates that the DPP authorities have failed in their budget procedures and digital management. Yin Naiping, a professor at the Department of Finance at Taiwan National Chengchi University, said that in 2022, Taiwan will suffer from inflation, exports and economic decline, and tax revenue should decrease. However, it has been overtaxed for two consecutive years, which means that the funds available to the people have been taken away by the Democratic Progressive Party authorities in the name of taxation. At a time of economic downturn risks, aggravating the economic recession shows that the DPP authorities "fail economics."
Huaxia Jingwei.com According to Taiwan's "China Times News Network", there has been a heated discussion in Taiwan on "returning taxes to the people" recently. When Ruan Qinghua, the acting head of the financial department of the Democratic Progressive Party authorities, faced questions from "legislators", he seemed to disagree with the discovery of cash proposed by people from both blue and green circles, but he did not deny the "N-fold coupons". Luo Zhiqiang, a former Taipei City Council member of the Kuomintang, said that Taichung Mayor Lu Xiuyan advocated direct cash deposits as the fastest, most cost-effective way to increase consumption and revitalize the economy.
Yin Naiping, a scholar on the island, pointed out that the DPP authorities did not properly review the tax system when the tax was overtaxed for the first time, which showed that "economics failed", and now they have not explained where the overtaxation is more common. Under the pressure of public opinion to "return taxes to the people", the available money is "redistributed", which involves the issue of unfair subsidies. He bluntly said that "the 'rulers' should be spanked."
Regarding the risk of global economic recession in 2023, Taiwan is also under pressure to "guarantee 2" economy. Yin Naiping called for a re-examination of the tax system structure. If taxes are exceeded three times this year, this will put greater pressure on people's lives.
Yin Naiping pointed out that if we simply consider the economic recession, issuing cash and "N times coupons" can indeed stimulate consumption. However, the problem is more complicated now. With the war between Russia and Ukraine and global inflationary pressure still high, hastily issuing cash and "N-time coupons" to stimulate consumption will only push inflation higher. The DPP authorities should start by increasing the supply side, stimulating production on the one hand, and curbing inflation on the other.
Yin Naiping also said that Taipower and Taiwan's " China Petroleum " absorbed the pressure of rising energy and caused losses, which were made up by excess taxes, which is equivalent to the whole people paying the bill. In fact, many scholars have previously criticized the DPP authorities for insisting on the "abolition of nuclear power" energy policy, but green energy has not been able to keep up. As a result, electricity prices have not been able to stabilize the cost of power generation in the face of rising international oil and gas prices. It is unreasonable for the public to pay for wrong energy policies.
Professor Liao Daqi of the Institute of Political Science at Sun Yat-Sen University in Taiwan also believes that in fact, the DPP authorities still have many holes to fill, but to do so they must completely repay the debt and repay the losses of Labor Insurance and Taipower. Otherwise, the wool comes from the sheep, and in the future it will not be possible to use people's money to pay off debts. I personally do not agree with an approach that seeks to please but has no policy direction.