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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Elections & Politics

President Lai Announces NT$10,000 Handout, Opposition Leader Huang Kuo-chang Slams 'Double Standards'

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • President Lai Ching-te announced a plan to distribute 10,000 New Taiwan dollars to each citizen, funded by a budget increase without raising debt.
  • The announcement drew immediate criticism from Taiwan People's Party Chairman Huang Kuo-chang, who accused the president of hypocrisy and using a

President Lai Ching-te announced on Monday a plan to distribute NT$10,000 to every citizen, funded by a budget increase of NT$235.7 billion. The president stated the distribution would be balanced with revenue and involve no actual debt increase.

Lai Ching-te's nth 'green energy, you can't'

โ€” Huang Kuo-changTaiwan People's Party Chairman Huang Kuo-chang criticized President Lai's cash handout plan.

However, the decision immediately sparked outrage from Taiwan People's Party Chairman Huang Kuo-chang. He lambasted the move on Facebook, calling it "Lai Ching-te's nth 'green energy, you can't'" and accusing the president of hypocrisy. Huang recalled that the opposition had previously proposed a similar NT$10,000 cash handout, which was then vehemently opposed by the ruling Democratic Progressive Party (DPP).

you don't need NT$10,000?

โ€” President Lai Ching-tePresident Lai questioning the necessity of a cash handout last year.

Huang cited President Lai himself questioning the necessity of such a handout last year, asking an audience if they "don't need NT$10,000." He also pointed to Premier Cho Jung-tai's previous criticism that a handout would be unhelpful to the nation, only good for buying refrigerators and remote-controlled airplanes. DPP legislators Wu Si-yao and Shen Po-yang were also quoted as having attacked the idea, with some even likening it to a "communist tactic to first impoverish Taiwan, then unify it."

only good for buying refrigerators and remote-controlled airplanes

โ€” Premier Cho Jung-taiPremier Cho Jung-tai criticizing the usefulness of a cash handout.

"Now Lai Ching-te announces next year's NT$10,000 handout, proving that only he can issue money," Huang stated, questioning if this was a "money pit" and a "communist tactic." He concluded by expressing his exasperation at the "double standards" of the DPP.

communist tactic to first impoverish Taiwan, then unify it

โ€” DPP legislatorsDPP legislators' previous criticism of cash handout proposals.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.