Finance minister not a champion of more tax cuts

Taipei Times
Date: Jul 17, 2018
By: Crystal Hsu  /  Staff reporter

Minister of Finance Su Jain-rong (蘇建榮) on his first day in office yesterday said he would pursue a more equitable taxation system and bolster the nation’s financial health without hurting the economy.

Su briefed reporters on his new role as a partial Cabinet reshuffle took effect.

The minister turned a cold shoulder to tax cuts to encourage fund investment or long-term care savings, but voiced support for lowering taxes on warrant and option transactions.

“A stable economy would be meaningless and elusive if it is not based on a fair taxation system and equitable distributions of wealth,” Su told reporters after the handover ceremony.    [FULL  STORY]

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