Yonhap Infomax NewsFeb 15
South Korea's tax revenue plunged during the Yoon administration's final year due to aggressive tax cuts, but spending reforms under President Lee Jae-myung helped avert a third consecutive year of massive shortfalls, with corporate and property tax receipts remaining below pre-2023 levels.
#YonhapInfomax #TaxRevenue #YoonAdministration #CorporateTax #LeeJaeMyung #FiscalShortfall #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105546
Yonhap Infomax NewsAug 19, 2025
Kang Hoon-sik, Chief of Staff, emphasized the Lee Jae-myung administration's pragmatic approach amid economic headwinds, addressing fiscal shortfalls, US tariff risks, and ongoing reforms.
#YonhapInfomax #LeeJaeMyungAdministration #KangHoonSik #FiscalShortfall #USTariffs #ProsecutorialReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77691
Kang Hoon-sik Says 'Running the Presidential Office as If Still in Transition for 76 Days'

Kang Hoon-sik, Chief of Staff, emphasized the Lee Jae-myung administration's pragmatic approach amid economic headwinds, addressing fiscal shortfalls, US tariff risks, and ongoing reforms.

Yonhap Infomax
Yonhap Infomax NewsAug 6, 2025
South Korea's proposed tax reforms—including higher corporate and capital gains taxes—face strong market backlash, highlighting policy inconsistency and the need for better communication as the government seeks to address fiscal shortfalls and stabilize public finances.
#YonhapInfomax #TaxReform #CapitalGainsTax #KOSPI #FiscalShortfall #CorporateTaxRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75840
[Byoung Keuk Hwang's Fine & Seol]Learning from the Stock Capital Gains Tax Controversy

South Korea's proposed tax reforms—including higher corporate and capital gains taxes—face strong market backlash, highlighting policy inconsistency and the need for better communication as the government seeks to address fiscal shortfalls and stabilize public finances.

Yonhap Infomax
Yonhap Infomax NewsJul 25, 2025
South Korea's Democratic Party will establish a Special Committee on Tax System Reform to address fiscal shortfalls and restore tax normalcy, with discussions set to include corporate tax hikes and dividend income taxation.
#YonhapInfomax #TaxSystemReform #DemocraticParty #FiscalShortfall #CorporateTax #DividendIncomeTaxation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73795
Kim Byung-ki Announces Establishment of Special Committee on Tax Reform to Address Fiscal Shortfall and Normalize Taxation

South Korea's Democratic Party will establish a Special Committee on Tax System Reform to address fiscal shortfalls and restore tax normalcy, with discussions set to include corporate tax hikes and dividend income taxation.

Yonhap Infomax
Yonhap Infomax NewsJun 19, 2025
South Korea revises down 2024 tax revenue by 10.3 trillion won ($7.6 billion) amid sub-1% growth and persistent shortfalls, opting for direct fiscal adjustment over stopgap funding.
#YonhapInfomax #TaxRevenue #SupplementaryBudget #MinistryOfEconomyAndFinance #GrowthRate #FiscalShortfall #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68390
[2nd Supplementary Budget] Sub-1% Growth and Tax Revenue Shortfall—Government Opts for '10.3 Trillion Won Revenue Revision'

South Korea will revise down its 2024 tax revenue forecast by 10.3 trillion won ($7.3 billion) amid weak growth, marking a shift to direct fiscal adjustment after years of using surplus funds.

Yonhap Infomax
Show threadRamesh #NotGoingBackJul 1, 2024

⬆️ @Npars01 @kmck @w7voa

>> Part of why #China is funding #ElectionInterference for #GOP: (1) #taxCuts (2) #fiscalShortfall funded by sale of #debt to China, #SaudiArabia & #Russia

I've noted China brokering #rapprochement between #Iran & #SaudiArabia to derail peace between #ArabLeague & #Israel, and resulting #AxisOfResistance attacks as a precursor to US Election Interference.

Also noted China's #debtDiplomacy ensnaring poorer nations, but this angle of ensnaring #US in debt is new! Thanks!