Reported about 1 year ago
According to a discussion on fiscal legislation, Nationalist Party Chairman Zhu Li-lun stated that they will consult with various committees, the Finance Committee, and party groups before finalizing the case. Mayor Gao Hong-an of Hsinchu City visited the Legislative Yuan to discuss fiscal legislation as the city ranks third from the bottom in tax allocation, with an annual national tax contribution of nearly 290 billion yuan but only receiving 10 billion yuan in coordinated allocation, resulting in a return rate of only 3.5%, the lowest in the country. The proposed fiscal legislation by the Nationalist Party aims to address this issue by reallocating financial rights to local governments.
Source: YAHOO