Most Popular
-
1
Controversial US YouTuber faces travel ban, police investigation
-
2
Pyongyang to bolster readiness against nuclear retaliation: Choe
-
3
SK Innovation becomes Asia-Pacific's largest energy firm after merger
-
4
Korean serial killer 'haunted by victims' ghosts' in prison, TV show reveals
-
5
Yoon's approval rating falls to 19%, all-time low: survey
-
6
No typhoons recorded in S. Korea for the first time in 7 years
-
7
[Robert Fouser] Accepting migrants in South Korea
![[Robert Fouser] Accepting migrants in South Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/10/31/20241031050896_0.jpg&u=)
-
8
Samsung CEO calls for unrivaled technological leadership
-
9
Babymonster showcases YG-style hip hop with 1st LP ‘Drip’
-
10
Allies say 1953 mutual defense treaty extends to cyber, space threats
![[Robert Fouser] Accepting migrants in South Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/10/31/20241031050896_0.jpg&u=)
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)
![[Herald Review] ‘Amazon Bullseye,’ motley comedy of forced empathy, outdated wordplay](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/11/01/20241101050706_0.jpg&u=20241101194716)
