Nearly Half of S. Korean Workers Pay No Income Tax: Report

SEJONG, Jun. 21 (Korea Bizwire) — Nearly half of South Korean workers pay no income tax, a report said Tuesday, amid heated debates on a tax hike to secure funds for President Moon Jae-in’s job creation pledges. Some 46.5 percent of 17 million wage earners in the country were exempted from paying income tax in [...]