Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
Moon calls for measures with excess tax revenue to help small merchants, self-employed
By YonhapPublished : Jan. 13, 2022 - 11:35
President Moon Jae-in on Thursday ordered aides to come up with measures using excess tax revenue to help small merchants and self-employed people suffering from the economic fallout of COVID-19.
Moon gave the instruction after he was briefed about last year's excess tax revenue, presidential spokesperson Park Kyung-mee told reporters.
In the first 11 months of last year, tax revenue rose 55.6 trillion won ($46.5 billion) on-year to 323.4 trillion won, according to the finance ministry.
The accumulated tax revenue is higher than the government's previous estimate of 314.3 trillion won for all of 2021. This means excess tax revenue came to 9.1 trillion won in the January-November period.
Moon's remarks came as the ruling Democratic Party (DP) has been pushing for a supplementary budget.
The DP plans to let the National Assembly approve a bill of an extra budget by Feb. 14, a day before official campaigns begin for the March 9 presidential election. (Yonhap)
Moon gave the instruction after he was briefed about last year's excess tax revenue, presidential spokesperson Park Kyung-mee told reporters.
In the first 11 months of last year, tax revenue rose 55.6 trillion won ($46.5 billion) on-year to 323.4 trillion won, according to the finance ministry.
The accumulated tax revenue is higher than the government's previous estimate of 314.3 trillion won for all of 2021. This means excess tax revenue came to 9.1 trillion won in the January-November period.
Moon's remarks came as the ruling Democratic Party (DP) has been pushing for a supplementary budget.
The DP plans to let the National Assembly approve a bill of an extra budget by Feb. 14, a day before official campaigns begin for the March 9 presidential election. (Yonhap)
