Reported 11 months ago
Mayor Gao Hong'an of Hsinchu City led the city government team and cross-party city councilors to the Legislative Yuan to voice out concerns on the unequal tax distribution and to seek fairer revenue allocation and improved citizen welfare. Despite Hsinchu City paying nearly 290 billion NT dollars in national taxes last year, second only to Taipei City, and having the highest per capita tax contribution in the country at 630,000 NT dollars, it only received 10 billion NT dollars in coordinated taxes and general subsidies, with a return rate of only 3.5%, the lowest in the country. The city faces challenges in infrastructure development due to inadequate funds, and local officials are urging for reforms to consider the city's unique situation and ensure a more balanced regional development through fairer financial allocation.
Source: YAHOO