Tue, Oct 04, 2011 - Page 1 News List

Ma lays out his policy vision for ‘golden decade’

CLASS WARRIOR?The president said recent moves by the government, such as the luxury tax, were not meant to punish the rich, but rather to narrow the wealth gap

Staff Writer, with CNA

Later in the day, the Democratic Progressive Party (DPP) held a press conference to comment on Ma’s policy vision.

“It’s ironic for Ma to talk about social justice, because justice has not been served during his term in office,” DPP Legislator Tsai Huang-liang (蔡煌瑯) said.

DPP Legislator Lee Chun-yee (李俊毅) hammered Ma on the “fundamentals of social justice” — taxation and housing prices.

While the average salary of workers continued to decline, the ratio of national tax revenues coming from workers shot up to 75.02 percent from 72.31 percent three years ago, Lee said.

Lee also said that more than 60 percent of workers paid more tax last year than three years ago.

The housing price-annual income ratio in northern Taiwan went up from a ratio of 10 three years ago, to 16.2 last year, he said, which shows that young people and workers are shouldering a heavier burden.

Additional reporting by Chris Wang

Translation by Jake Chung

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