Pres. Tsai Ing-Wen has announced increases in the minimum monthly and hourly wages and said that those who earn monthly salaries of NT$30,000 (US$975) per month will be exempt from paying personal income taxes this May.
She also said that because of the strong economic growth over the past two years, the government has accrued a surplus in tax revenues and indicated that her administration is looking into ways of "making low-income citizens a priority in enjoying the benefits of economic growth."
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