This is why President Ma's 3 steps rate hike plans are the best.
Comeon Taiwan's talkshow guests, President Ma's 3 steps rate hike on Taiwanese electricity rates are the best plans out there.
You know Taiwanese electricity company is very corrupt. If you let them hike rates one time full during the highest usage period, they will make too much excess profit and they will corrupt even more.
This is why 3 steps is better. Let them hike little bit first and see how much profit they make. If they make up the losses before, they should stop rate hike at any time. This will also give any small business and large corporation a financial break on their books. I hope this make sense. Please support and push for our President Ma's 3 step plans.