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Although the US Biden administration's Inflation Reduction Act is an eco-friendly policy based on tax increases for large corporations, South Korea responded to electric vehicle subsidies with preferential treatment for subsidies in violation of trade and adopted the US Republican hardline remuneration strategy. On the 18th, a government official Yoon Seok-yeol said, "In connection with the enfo..

President Moon Jae-in surged 50% from the previous government's budget of 400.5 trillion won in 2017 to 604 trillion won in the next five years, fixing the fiscal deficit system of 8% annual fiscal, 6% military increase, and 4% economic growth rate. The aggressive tax increase is a 19.8% increase from this year's main budget national tax of 285 trillion won, as national tax revenue is 338.6 tril..