The Chinese Nationalist Party (KMT) caucus yesterday holds a meeting at the Legislative Yuan in Taipei after a cross-party negotiation on the additional budget for a bailout plan failed to reach a consensus. The KMT caucus has proposed budgeting NT$100 billion for cash handouts, KMT caucus whip Lin Wei-chou (林為洲) said. Households subject to the 5 percent tax rate would receive NT$15,000; those subject to the 12 percent tax rate would receive NT$10,000; and those subject to the 20 percent tax rate would receive NT$6,000. The KMT caucus held a news conference at which it unveiled its proposal while negotiations were ongoing on Monday, but the DPP had not been informed of them, he added. Members of the KMT caucus later withdrew from the meeting.

Source: Taipei Times April 14, 2020 15:56 UTC