Reported about 1 year ago
Taiwan's high and low-income families see a widening consumption gap each year, living in two different worlds. With a 66.9 times wealth gap between the top and bottom 20% of households, compared to 16.8 times 30 years ago, the inequality continues to grow. Experts urge the government to review the flawed tax system design to prevent the gap from reaching even higher levels in the future. The widening wealth disparity highlights the challenges faced by low-income households, calling for effective strategies to uplift the underprivileged and address absolute poverty.
Source: YAHOO