The KMT has continued to lean into the idea of cash handouts to the citizenry. The idea has now shifted to be framed as an emergency relief measure for the Trump administration’s tariffs, which will have a significant impact on Taiwan and the world...
Taiwan reported record-high tax revenue for 2024, with 3.73 trillion NT in taxes collected. This is a larger windfall than expected, in that there were 497.2 billion NT more in taxes than budgeted for by the government. The extra revenue is due to strong exports, as well as stock gains because of market enthusiasm about artificial intelligence...
