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Prosecutors indict 22 in former first family case

Prosecutors yesterday issued indictments against 22 people, including former president Chen Shui-bian (陳水扁), for money laundering, taking bribes or helping the former first family hide and launder money.

The Supreme Prosecutors’ Office’s Special Investigation Panel (SIP) yesterday announced the fourth round of indictments to be served to members of the former first family and high-profile businesspeople.

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MOF says politics did not stop tax deal

The Ministry of Finance yesterday said the breakdown of cross-strait negotiations on a tax pact on Monday was mainly the result of a dispute over levying income tax on China-based Taiwanese businesspeople according to where they reside or where they get paid.

The ministry said the breakdown was not related to sovereignty, apparently contradicting comments a day earlier by Premier Wu Den-yih (吳敦義), who said the deal was delayed because the treaty would have treated Taiwan the same as Hong Kong.

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Newsflash

There are many reasons for the Democratic Progressive Party’s (DPP) losses in the local elections on Nov. 24 last year. To sum up, today’s government and civic society only see the trees — pensions, support for the LGBT community, the five-day workweek and so on — but the more crucial “China factor” is not a priority.

There are two aspects to the China factor: infiltration and discourse. Despite this, the government’s response to China, in particular when it comes to the economy, is lacking and out of touch with reality.