Lee Hyun-sang
The author is a columnist of the JoongAng Ilbo.
Basic income has become the sole contested policy in a presidential race already stained with negative campaigning. At the center is Gyeonggi Governor Lee Jae-myung. He vows to hand out 1 million won ($868) to every citizen within his five-year term starting with 250,000 won from 2023 if he wins the election on March 9, 2022. Lee also promises a separate allowance for young people. To fund this, 20 trillion won is needed in 2023 alone and up to 57 trillion won annually in later years.Whether Korea […]
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