2024-01-16 01:18:00
Quasi-tax related to specific public projects
Last year, it exceeded 24 trillion won.
Yoon: “It is being abused as a shadow tax.”
President Yoon Seok-yeol is making remarks at a cabinet meeting held at the Presidential Office Building in Yongsan, Seoul on the 16th. yunhap news
President Yoon Seok-yeol said on the 16th, “The 91 current charges must be fully investigated and reexamined from the beginning.”
President Yoon presided over a cabinet meeting held at the Presidential Office in Yongsan this morning and announced a policy of comprehensive reform of statutory levies. A statutory levy is a quasi-tax imposed on citizens and companies in relation to specific public projects. For example, a national health promotion levy is levied on cigarettes and a waste levy is levied on the price of gum. The size of the burden exceeded 24 trillion won last year.
President Yoon said, “In order to actually relieve the burden on citizens and businesses, we need to conduct a thorough investigation of all 91 current charges and reexamine them from the beginning.” He added, “Of course, there are positive charges that prevent environmental pollution or improve people’s health. “Leaves that are misused as ‘quasi-taxes’ or ‘shadow taxes’ remain everywhere,” he said.
President Yoon said, “The principle is that the state raises costs through taxes and executes them,” and added, “Leaves should be levied exceptionally for actions that cause social costs, and levies should not be excessively levied just because it is easy to raise funds.” “He emphasized.
President Yoon continued, “For a dynamic and sustainable free market economy, we must boldly eliminate charges that excessively discourage free economic will,” and added, “I hope that the Ministry of Strategy and Finance will completely overhaul the current 91 charges.”
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