Harsh taxes on ‘sweat’... A country that is lenient on ‘money earned’, ‘absolute deprivation’ of glass wallets [2030 youth, widening starting line]
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Annual salary of 58 million won, tax of 2.88 million won, stocks of 51 million won, tax of 100,000 won on profits, appearance of Samsung Electronics' Seocho office building in Seoul on May 21st.
Annual salary of 58 million won, tax of 2.88 million won, stocks of 51 million won, tax of 100,000 won on profits, appearance of Samsung Electronics' Seocho office building in Seoul on May 21st. Reporter Moon Jae-won “Taxes and insurance premiums are taken out before the salary comes in, but I think the tax burden is much less on money that goes up in stock or house prices.” Mr. Jeong (33), who works at a mid-sized automobile parts manufacturing company in Seoul, earns about 58 million won per year before taxes. In your hands every month...
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