Tsai plans funding for long-term care system

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

Taipei Times
Date: Feb 23, 2016
By: Staff writer, with CNA

Underlining the need to develop a solid policy on long-term care for an aging

President-elect Tsai Ing-wen, center, leaves after an academic seminar to mark the 10th anniversary of the Center for Geriatrics and Gerontology’s establishment at Taipei Veterans General Hospital yesterday. c Photo: Chang Chia-ming, Taipei Times

President-elect Tsai Ing-wen, center, leaves after an academic seminar to mark the 10th anniversary of the Center for Geriatrics and Gerontology’s establishment at Taipei Veterans General Hospital yesterday. c Photo: Chang Chia-ming, Taipei Times

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]

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