Reported 9 months ago
The Financial Planning Law, which affects the distribution of central and local financial resources, has not been revised for over 25 years, leading to discussions about becoming the next battleground between the ruling and opposition parties. The Nationalist Party recently proposed releasing 15% of tax revenue, approximately 513.3 billion NT dollars, for local governments to use, sparking extensive debates on the amendment. Taipei and Kaohsiung topped discussions about the amendment, with Kaohsiung Mayor Chen Chi-mai strongly protesting against the Nationalist Party's version, leading to significant public resonance. The amendment proposal has caused heated debates among different cities due to varying opinions and interests in financial resource allocation.
Source: YAHOO