Taiwan’s Election Is All About War

Taiwan is one of the most prosperous places in the world. Its semiconductor industry produces 90% of the most advanced chips, making it integral to the global economy. The International Monetary Fund puts Taiwan’s per capita gross domestic product at almost $34,000, right behind Japan, ahead of South Korea and more than double China’s figure.

Tax deductions set to be hiked

The standard deduction for single filers would rise by NT$6,000 from NT$124,000 to NT$130,000, while the special deduction for wage and salary earners and people with disabilities would be increased ...