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BackBlue Tweet issued 20,000 yuan to everyone, which is unconstitutional and requires borrowing. Xu Guoyong said: It would be better to just send 1 million yuan
Blue Tweet issued 20,000 yuan to everyone, which is unconstitutional and requires borrowing. Xu Guoyong said: It would be better to just send 1 million yuan
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自由时报56 minutes agoPolitics2 min readChinaView original

Blue Tweet issued 20,000 yuan to everyone, which is unconstitutional and requires borrowing. Xu Guoyong said: It would be better to just send 1 million yuan

Xu Guoyong, secretary-general of the Democratic Progressive Party, criticized the Kuomintang's proposal for a universal cash payment of 20,000 yuan, which is not only unconstitutional but also requires a debt of 230 billion yuan. He emphasized that the government's proposal for a universal cash payment of 10,000 yuan is to use tax surplus and does not require borrowing.

Quick Look

  • Xu Guoyong, secretary-general of the Democratic Progressive Party, criticized the Kuomintang's proposal for a universal cash payment of 20,000 yuan on the 17th as unconstitutional and requiring a debt of 230 billion yuan.
  • He emphasized that the Democratic Progressive Party advocated that the general distribution of 10,000 yuan be funded by tax surplus, and there was no need to borrow debt to increase the burden on the next generation.

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Why It Matters

The Kuomintang's proposal in the Legislative Yuan calling for universal cash distribution of 20,000 yuan before the election will be submitted for second reading and consultation.

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Xu Guoyong (middle), secretary-general of the Democratic Progressive Party, emphasized that the government’s proposal for a universal cash payment of 10,000 yuan would be funded by tax revenue and would not involve debt. (Photo by reporter Zhang Congqiu)

In response to the Kuomintang's increase in cash distribution of 20,000 yuan to save the election, yesterday's proposal in the Legislative Yuan required that universal cash distribution of 20,000 yuan before the election be paid for the second reading and handed over for negotiation. In response to this, DPP Secretary-General Xu Guoyong was in Changhua City today (17th) afternoon to assist Chen Suyue, the DPP's candidate for Changhua County Governor. He criticized that the 20,000 yuan universal cash distribution was not only unconstitutional, but also required a debt of 230 billion yuan. He stressed that the government's proposal for a universal distribution of NT$10,000 would be distributed to everyone using national tax surpluses. There is no need to borrow money and it will not increase the burden on the next generation just to distribute money.

Chen Suyue held the founding meeting of the four major social groups supporting Suyue Support Association at her campaign headquarters. Xu Guoyong personally attended the platform. When delivering a speech on the stage, he used an analogy of family life. Parents who have money can give their children pocket money, but if they have no money, do they still need to borrow money for their children to play? He said that the government should have the same reason for distributing money. It should not borrow money to issue this kind of money, but should share the income from economic development with all the people within the scope of not borrowing money.

Xu Guoyong pointed out that the Kuomintang advocated a universal distribution of 20,000 yuan, which was not only unconstitutional but also required a debt of 230 billion yuan. If they really had to rely on borrowing money to support themselves, they could simply pay each person 1 million yuan. "Everyone would be happy." However, the money will ultimately be borne by the children and grandchildren. He emphasized that universal cash should not only be based on how much money you get in front of you, but also the financial burden.

Xu Guoyong (3rd from left), secretary-general of the Democratic Progressive Party, assisted Chen Suyue (4th from left) on the platform at the inaugural meeting of the four major community support associations. (Photo by reporter Zhang Congqiu)

People including DPP Secretary-General Xu Guoyong (left), legislator Huang Xiufang (right) and others participated in the event to boost momentum and boost the election sentiment. (Photo by reporter Zhang Congqiu)

Open Questions

  • What will be the outcome of the Legislative Yuan’s subsequent review of the universal cash proposal?

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This article was originally published by 自由时报.

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