Reported 9 months ago
On June 27, 2024, Mayor Gao Hong'an of Hsinchu City visited the People First Party caucus at the Legislative Yuan to discuss amendments to the finance law and expressed disappointment that the city pays nearly 290 billion in national taxes but only receives 100 billion in return, with a return rate of only 3.5% compared to the national average of 141%. Mayor Gao emphasized the city's significant tax contributions and economic impact but noted the lack of appropriate allocation of central finance planning funds in return for their financial efforts.
Source: YAHOO