Taiwan Opposition Proposes TWD20,000 Cash Handout
The KMT said surplus tax revenues could finance the payout without government borrowing, while the DPP argued the Legislature lacks authority to raise spending.
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4 Articles
Taiwan opposition proposes TWD20,000 cash handout
Credit: Zhong-wei Xu - UnsplashTaiwan's main opposition Kuomintang has proposed a universal cash handout of TWD20,000 ($627) funded by surplus tax revenues, double the amount announced last month by President Lai Ching-te.
KMT proposes NT$20,000 universal cash handout
Taipei, Sept. 29 (CNA) Taiwan's main opposition Kuomintang (KMT) on Tuesday proposed using surplus tax revenues to fund a universal NT$20,000 (US$627.31) cash handout, double the amount proposed last month by President Lai Ching-te (賴清德).
The Legislative Yuan convened today for the new session, and the Kuomintang (KMT) caucus proposed a special bill prioritizing "Sharing the Fruits of Economic Development and Stabilizing People's Livelihoods," which includes a universal cash handout of NT$20,000. KMT caucus whip Fu Kun-chi stated that this year's tax revenue surplus is estimated to exceed NT$1 trillion, allowing for a universal cash handout of NT$20,000. He added that next year's…
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