Finance Ministry mulling over tax cuts to boost more economic growth, says Chang Sheng-ford
Minister of Finance Chang Sheng-ford said Monday that his ministry is considering lowering taxes to revive the economy, once such a step would not compromise the country’s financial integrity.
The ministry is looking at different measures, including tax incentives to companies that attract and retain talent, he told lawmakers during a question and answer session in the legislative Economics Committee.
“I am not against tax cuts,” Chang said, when asked how the ministry plans to revive the economy.
He suggested that tax benefits could also be offered to Taiwanese businesses returning from overseas to invest in Taiwan.
The Finance Ministry is drafting measures that would offer a tax holiday to such investors, he said.
The issue of taxes has been a major concern among Taiwanese companies wishing to return to Taiwan. fice workers feel like they are on the verge of losing control emotionally, and 41.1 percent have had the experience of losing control on the job, according to the poll.
The employees in Taiwan that are under the greatest stress are those working in the medical, agricultural, environmental, information technology, construction and real estate sectors, the survey found.
On the question of how they deal with work-related stress, 28 percent of the respondents said they just endure silently, 20.4 percent said they complain to relatives and friends, and 12.6 percent said they take leave of absence.
The survey found that watching television, sleeping and surfing the Internet are the three most common ways of relieving negative emotions among office workers.