Premier Zhu Rong-tai has refused to countersign the Special Act on Taiwan
Future Accounts, which was passed in July.

The cabinet claims the refusal is triggered by what it claims are "violations
of constitutional principles."

Its also being fuelled by concerns that it could allow wealthier families to
accumulate larger amounts and ultimately widen the wealth gap.

Cabinet spokeswoman Michelle Lee says the government will instead continue
implementing the family support measures it approved in May.

This marks the sixth time since December of last year that the Premier has
refused to countersign legislation...

The K-M-T says Cho's decision not to countersign legislation is further
evidence of the contempt the Lai administration has for the Legislature and
the legislative majority.

The Act requires government to deposit 60,000 N-T annually into a Growth
Allowance Account for eligible children under the age 8.

Children aged 7 to 17 would receive 30,000 N-T annually in the Growth
Allowance Account and another 30,000 N-T in a Future Account.

The accounts would also accept "corporate sponsorship funds."