Free Lectures "On a good day, I love to save food from the rain."

The Democratic Progressive Party announced a universal cash distribution of 10,000 yuan before the Lunar New Year. The Kuomintang immediately doubled the proposal to 20,000 yuan and worked hard to complete the third reading before the election. Taking advantage of their numerical advantages, the blue and white parties have successively introduced "money pit bills" that involve emptying the national treasury and crowding out other core policy budgets. After the health insurance premiums for seniors who are over 65 years old and whose comprehensive income tax rate does not reach 20% are fully subsidized by the central government, there is also a plan to introduce "children under 6 years old to be exempted from health insurance premiums", which has aroused great discussion in the society!

Taking advantage of their numerical advantages, the blue and white parties have successively introduced "money pit bills" that drain the national treasury and crowd out other core policy budgets. Pictured is the Legislative Yuan. (File photo)

Taiwan has entered a super-aged society. The declining birthrate has led to a sharp decrease in the labor force population that pays premiums, while the elderly population with huge medical needs has increased rapidly. When universal cash is doubled or certain groups are exempted from paying health insurance premiums, everyone is happy when taxes are exceeded and the economy is booming. But there are unforeseen circumstances, and who can guarantee that the economy will not reverse, that the stock market will always be at a high point, and that taxes will continue to be exceeded!

As the election campaign heats up at the end of the year, the blue and white parties have proposed a plan that stipulates that health insurance premiums for seniors over 65 years old will be exempted if the income tax rate does not reach 20%. (File photo)

When the weather is good, we like to save the food that comes from the rain. When the weather is good, we can rely on excess tax collection to support it. Once we encounter a "rainy day" and the economy reverses, problems will arise. The opposition parties are only responsible for supervision and checks and balances, and do not need to consider the fiscal gap, the balance of budgets of all parties, and more importantly, the huge expenditures of a super-aged society. The medical expenses of the elderly are several times that of young adults. National health insurance must rely on premiums paid by the working population. If certain ethnic groups are exempted from paying health insurance premiums, such expansionary spending will inevitably accelerate the deterioration of health insurance finances. It is imperative to raise health insurance premiums. All risks will be passed on to the young and strong ethnic groups who are working hard to make a living on the production line, resulting in unfair justice for generations.

(The author is a housewife)