Gyeonggi Province Gov. Lee Jae-myung, the ruling Democratic Party’s standard bearer in next year’s presidential election, speaks to party members at the National Assembly on Monday. (Yonhap) Lee Jae-myung, the ruling Democratic Party’s standard bearer in next year’s presidential election, is hoping to establish several new taxes, which would support his basic income plan.
And as much as his universal benefit policy would weigh on the country’s fiscal management –- a minimum 1 million won ($890) subsidy to every individual each year — the liberal politician is talking trillions of won in new tax revenues.
A key measures that the Gyeonggi […]
Full Post at www.koreaherald.com