国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

World / Asia-Pacific

S.Korean president's approval rating plunges on tax burden

(Xinhua) Updated: 2015-01-20 17:36

S.Korean president's approval rating plunges on tax burden

South Korean President Park Geun-Hye speaks during her New Year news conference at the presidential Blue House in Seoul, Jan 12, 2015. [Photo/Agencies]

SEOUL - South Korean President Park Geun-hye's approval rating has declined to the lowest since her inauguration, as the revised tax code provoked a public anger over the Park administration after a hike in tobacco prices.

Park's approval rating fell 3.8 percentage points from a week earlier to 39.4 percent in the second week of January, marking the lowest since she took office in February 2013, according to a pollster Realmeter.

Finance Minister Choi Kyung-hwan held an unscheduled press conference Tuesday to explain the revised tax code, claiming that it will reduce tax burden for low-income bracket while increasing those for high-salary class.

Despite his explanation, public fury remained as the year-end tax adjustment drove many middle-income earners to pay additional taxes.

The finance ministry changed the way of the year-end tax adjustment, called a year-end bonus before, last year in its regular tax code revision, from income deduction to tax deduction. It actually increased tax burden for people, especially middle- income earners.

Choi told reporters that he will consider complementing the tax code later this year after ending the year-end tax adjustment in March.

The tax adjustment has been called a "year-end bonus" as wage earners get tax return early in the next year after paying more tax a year earlier without income or tax deductions considered.

Many of local media and opposition lawmakers criticized the government for raising tax burden, calling it a "year-end tax bomb. "

Public anger escalated further on reduced burden for corporate tax, the rate of which was lowered under the Lee Myung-bak administration.

According to the parliamentary budget office, the government's tax revenue from companies reduced 37.2 trillion won (34.2 billion U.S. dollars) for five years from 2009 when the lower corporate tax came into force.

Among the total, the 27.8 trillion won tax reduction belonged to big corporations, with the remaining 9.4 trillion won benefiting small companies.

Previous Page 1 2 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
上犹县| 毕节市| 阳朔县| 射洪县| 定陶县| 多伦县| 福贡县| 罗源县| 金秀| 华容县| 本溪市| 彭州市| 江阴市| 陆良县| 瑞安市| 石泉县| 京山县| 松桃| 怀远县| 安宁市| 右玉县| 四会市| 治多县| 扎兰屯市| 宜良县| 灵石县| 南康市| 博罗县| 中西区| 齐河县| 甘洛县| 丁青县| 马边| 苏尼特右旗| 曲麻莱县| 北安市| 富阳市| 南康市| 丹江口市| 噶尔县| 周至县|