Social Democrats-Green alliance calls for tax equality

Focus Taiwan
Date: 2015/10/25
By: Sophia Yeh and Maria Tsai

Taipei Oct. 25 (CNA) The Social Democratic Party (SDP) and Green Party alliance called 201510250020t0001for tax equality to narrow the rich-poor gap by proposing a fair tax program Sunday.

Legislative candidates and supporters of the two minor parties hit the streets in a protest against a draft amendment to the Statute for Industrial Innovation.

The Cabinet in the amendment proposed tax cuts for enterprises which spend on personnel training, overseas investments and taking measures to weather economic downturn in a business cycle. The draft is scheduled to be debated in the Legislative Yuan in December.

The alliance believed that the draft, instead of reviving domestic economy, will benefit only Taiwan’s conglomerates .     [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.