Chung-Hua Institution for Economic Research chairman Cyrus Chu (朱敬一) published an article in the Chinese-language United Daily News on April 19 entitled “Reducing taxes to save the economy is rubbish” (降稅救經濟是放屁!). The article fulminated against academics and politicians who support the nonsensical idea that the economy can be saved by lowering taxes.
Chu says it would be surprising if businesspeople did not want tax reductions, but if senior government officials think lowering taxes will save the economy, those politicians who mistake nonsense for the truth deserve to be blamed.