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Lawmaker alleges audit threats

Many small and medium enterprises, as well as small hospitals, have said that President Ma Ying-jeou’s (馬英九) administration is discouraging them from supporting Democratic Progressive Party (DPP) candidates by threatening them with tax audits, DPP caucus secretary-general Wong Chin-chu (翁金珠) said on Sunday.

The Ma administration is fomenting another era of political terror, Wong said, adding that a number of hospitals had asked DPP representatives to ask on their behalf about certain taxation items they felt are unreasonable.

However, those inquiries resulted in even heavier taxation, Wong said.

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‘FT’ source said to be from White House

The “senior official” in Washington who tried to undermine Democratic Progressive Party Chairperson Tsai Ing-wen’s (蔡英文) presidential campaign last week was almost certainly from the White House and not the US Department of State, analysts in the US say.

The official called the Financial Times to claim that Tsai had left US President Barack Obama’s administration with “distinct concerns” about her ability to maintain stability in the Taiwan Strait.

The resulting story has been seen as particularly damaging to Tsai and a clear attempt to influence Taiwan’s Jan. 14 presidential election in favor of President Ma Ying-jeou (馬英九).

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Newsflash

Retired junior public servants will soon see a nice boost in their savings, as a law increasing the amount of money they can deposit into an 18 percent preferential interest rate account comes into effect this year.

The move, passed by the legislature last year, was criticized by Democratic Progressive Party (DPP) lawmakers yesterday as unfair and unnecessary as interest rates in public banks continue to hover below 2 percent, despite a 0.125 interest rate hike announced last week by the central bank.