Taiwanese leader pledges to close income gap
时间：2012-02-23 07:29:43
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（单词翻译）
TAIPEI, Feb. 22 (Xinhua) - Taiwanese leader Ma Ying-jeou pledged on Wednesday that he will work to close the island's income gap during his next term.
Ma said at an economic
forum1 that economic development is not the sole target for his administration, stating that social
equity2 is important as well.
Wealth gaps should no longer be enlarged, he said.
The gap between the rich and poor has opened even wider as a result of globalization, and the global financial crisis has added insult to injury, Ma said.
Ma proposed revamping the island's
subsidy3 system to benefit more low-income households, as well as pledged to increase taxes for the wealthy and create more jobs.
Ma is the
incumbent4 chairman of the Kuomintang (KMT) and has served as Taiwan's leader for four years. He was re-elected in January.
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