Prez Yoon's administration announced cuts on income tax, corporate tax, inheritance tax, property tax, and maybe some others, lost track.
At least, Korean media is showing figures that the wealthy and large conglomerates save the most from the cuts. If you add in Korean government aid for research and development 'projects' for companies and tax exemptions, some Korean corporations probably save another few percentage points in tax, at least. Save tons on property taxes.
Prediction, rent increases. All so predictable, now.
The government is stating that the wealthy and corporations will invest the savings into their business and create jobs. That's what Trump said, yes? And all previous conservative Korean government have falsely claimed in the past?
Time to observe the level of Korean cognitive dissonance?
