A bunch of deeply unimpressive politicians are paralysing Taiwan’s democracy for shameful, self-interested reasons. China is the only winner. My column on the KMT-led opposition antics holding Taiwan politics hostage.
https://t.co/TbexcZrgq6
from The Economist
Taiwan solved tax evasion in 1951 with a trick so cheap it should embarrass every tax authority on the planet.
The problem was an all-cash economy full of small shops. A merchant pockets the cash, skips the receipt, and the sale never existed. Auditors can't catch what was never recorded, and hiring enough of them to watch every noodle stand costs more than the missing tax.
So finance chief Ren Xianqun flipped the incentive. Print a lottery number on every receipt. Draw winners every two months on live TV. Top prize today: NT$10 million, about $310K.
Suddenly the customer and the shopkeeper want opposite things. The merchant wants the sale off the books. The customer wants the ticket. And there are millions more customers than merchants. Every transaction now carries a built-in witness demanding the paper trail.
Year one, reported tax revenue jumped 75%, from NT$29 million to NT$51 million. Seventy-five years later, roughly 70% of Taiwanese still play. Convenience stores redeem the smallest NT$200 prizes at the register, so even a coffee receipt feels like a scratch card.
The elegant part is what the audit force costs. The prize pool runs about NT$7 billion a year, roughly $20 million. In exchange, the government gets 23 million unpaid auditors working every checkout line in the country, forever. No inspector general on earth delivers that coverage at that price.
Greece, Italy, Portugal, and Slovakia all copied it. The most effective compliance tool ever built looks like a game, and that's exactly why it works.
I don’t think Americans understand what it means to Taiwanese. Taiwan is the only country which can’t be accepted as a member at the UN because of China. They are not allowed to use their national flag in international events, their diplomatic relationship with all the countries were arbitrarily terminated at the request of China. It is a small country with 25million people. But they have their name Taiwan across their chest, they are more emotional than other national athletes .
Taiwan is an economic powerhouse, a vibrant democracy. Why their athletes can only compete under this stupid name, Chinese Taipei?! TAIWAN IS TAIWAN! 🇹🇼 #WinterOlympics
Today was the last day of Steam Delivery Girl, and I wanted to say a final farewell! (some cheesy text down below).
Thank you everyone for the amazing response! This has been one of the most fulfilling projects of my life! 🥹✨💖
The UN General Assembly on Tuesday overwhelmingly adopted a resolution reiterating its call for achieving a comprehensive, just and lasting peace in the Middle East
The text received 157 votes in favour and 8 against, with 7 abstentions
Read more ⤵️
https://t.co/lrqaZayFNw
Our @AJIunit investigation exposes war crimes in Gaza through the medium of photos and videos posted online by Israeli soldiers themselves during the year-long conflict.
Watch the full film here. #GazaCrimes