Dividend income tax reform

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President Lee Jae-myung is said to be pushing for separate taxation of dividend income.

For more information, see https://www.hani.co.kr/arti/economy/economy_general/1209838.html#ace04ou

It seems like there is some truth to the idea that major shareholders increase dividends and have a trickle-down effect on minority shareholders.

However, from the perspective of the traditional progressive camp, this could be a controversial part of the tax cut policy for the wealthy.

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