Fi­nance Min­istry mulling over tax cuts to boost more eco­nomic growth, says Chang Sheng-ford

The China Post - - TAIWAN BUSINESS -

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.

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