
The Kuomintang group proposed a special bill on "Sharing Economic Achievements and Stabilizing People's Livelihoods for All" and advocated using excess tax collection to distribute cash. The Executive Yuan questioned the financial planning and crowding out effects.
AI-generated summary
The Kuomintang group plans to promote special regulations on "sharing economic results and stabilizing people's livelihood" and advocates the payment of cash. The Executive Yuan emphasized that the budget must be legal and constitutional and not crowd out existing expenditures.
The new legislative session of the Legislative Yuan started a few days ago. The Kuomintang group announced that it would propose 40 priority bills. Fu Kunqi, the leader of the party group, advocated a "universal cash payment of 20,000 yuan" and did not rule out increasing the amount next year. The ruling party criticized the policy and financial resources and wrote checks without clear plans. The democratic group also warned that the universal cash is still tax money and "not an extravagant windfall." In this regard, the Blue Committee emphasized that there is a precedent for proposing special regulations for universal cash payment, respecting the opinions within the party and the suggestions of the civil society, and called President Zhuo Rongtai for being too worried.
The new legislative session of the Legislative Yuan started on the 29th of last month. The Kuomintang group listed "returning taxes to the people" as a priority bill. Fu Kunqi, the leader of the Kuomintang group, announced that a special bill on "sharing economic results and stabilizing people's livelihood for all" will be proposed in the new session. It advocates that the tax revenue this year will exceed the estimate of more than 1 trillion yuan, and a "universal distribution of 20,000 yuan" should be completed before the end of the year. The national tax revenue will be even more explosive next year, and the amount of continuous distributions is expected to be no less than 20,000 yuan, giving various industries a breather.
In response to the Kuomintang's policy of "spreading money", Executive Yuan spokesperson Li Huizhi recently said that universal cash must not only avoid borrowing, but must be legal and constitutional, and must avoid crowding out existing budgets such as social welfare, national defense, medical care, and education. Some people in the Kuomintang believe that universal cash must be The 20,000 yuan can be distributed first to 10,000 yuan this year and then to the 10,000 yuan allocated by the Political Yuan next year. This is in agreement with the Political Yuan and also meets the goals of the blue camp. However, the public advocacy group warned that the universal cash payment still comes from the pockets of taxpayers. "Don't think it is a windfall from outside the world." It should not become the norm.
In this regard, Li Yanxiu, a legislator of the Kuomintang Finance Committee, said today (1st) that the financial source of the DPP's universal cash payment is "the central government's general budget for next year (116)", while the financial source of the Kuomintang's version of the special bill "Sharing Economic Achievements and Stabilizing People's Livelihoods for All" is "the tax overtax for this year (115)". There is no conflict between the two financial resources, and there is no budgetary squeeze.
Citing the settlement data of the Audit Department, she pointed out that in the first half of this year, taxes were overlevied by NT$487.1 billion, and there is a high chance that it will exceed NT$1 trillion for the whole year. Based on the fact that a general cash withdrawal of NT$20,000 would cost approximately NT$470 billion, sharing 40% of the tax overtax with the entire people would not only be It benefits young, middle-class, and disadvantaged groups, and "it also demonstrates Taiwan's economic and technological development achievements to the world." He emphasized that the establishment of special regulations for universal cash has long been followed, and the universal cash withdrawal of 20,000 yuan has clear financial resources. He directly called Executive President Zhuo Yongtai "overthinking."
Li Yanxiu reiterated that the Kuomintang caucus respects the opinions of every member, and any different opinions can be fully expressed and discussed at the caucus meeting. As for the militia's suggestions, she said that they are aimed at both the opposition party and the ruling party. The primary consideration for any policy is not to violate fiscal discipline and to seek the maximum benefit for the majority of the people, including disadvantaged groups.
AI outlook — possibilities, not facts
The Kuomintang group will formally propose a special bill during the new session of the Legislative Yuan
Very likely · Within weeks

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