AGING POPULATION:The president-elect is looking to increasing sales, gift and inheritance taxes as one way to finance the proposed services for elderly people
Date: Feb 23, 2016
By: Staff writer, with CNA
Underlining the need to develop a solid policy on long-term care for an aging
population, president-elect Tsai Ing-wen (蔡英文) yesterday said that she plans to allocate NT$30 billion (US$893.73 million) from taxes and NT$3 billion from the regular government budget to build a long-term care system.
Speaking at an academic seminar to mark the 10th anniversary of the Center for Geriatrics and Gerontology at Taipei Veterans General Hospital, Tsai said that providing long-term care services would be a top priority for the next government, which will be sworn in on May 20.
An intergovernmental agency long-term care panel will be formed to carry out the task by pooling resources from various sectors across the nation, she said.
Tsai’s platform on long-term care services, outlined during her presidential campaign, advocates hiking sales, gift and inheritance taxes to finance the proposed services for elderly people. [FULL STORY]