Since the alternation of Taiwan's ruling party in 2000, the phenomenon of widespread corruption no longer exists. However, the current ruling Kuomintang (國民黨) still has the world's only party-owned enterprises, and these party-owned enterprises might lead to the resurrection of corruption. This article seeks to scrutinize the reasons for corruption, corruption’s impact on a country's political and economic reforms, and the influence it has on the economy. Since no mechanism or system can eliminate corruption thoroughly, and the alternation of political parties has become routine, the best way to solve political corruption, which is a great concern of Taiwanese society, is to enable the democratic system to function normally. This includes placing greater political responsibility on politicians and their respective political parties through strengthened citizens' participation in politics, and increasing the transparency and public accessibility of government information.