It was 16 trillion won in two months…a super emergency in Korean stores

(1)It was 16 trillion won in two monthshan
(2)a soup kitchen emergency
(3)Input 20230331 AM 1102 Modified 20230331 AM 1112
(4)Reporter Kang Jin-kyu, TALK
(5)a family of one street
(6)Tax revenues halved in February

(1)National tax revenues fell by 9 trillion won in February from a year ago Sir
(2)Down 44 from a year ago as the weather worsens and the property and stock market slumps overlap Critics point out that this year’s tax puncture is becoming a reality as tax revenues have fallen by trillions of won for the second consecutive month since January
(3)The Ministry of Strategy and Finance said on the 31st that the national tax revenue in February was 11.4 trillion won, down 9 trillion won from 20.3 trillion won a year earlier In January, tax revenues fell by 6.9 trillion won year-on-year, followed by a trillions of won drop in tax revenues for the second consecutive month The cumulative decrease in tax revenues from January to February amounted to 15.7 trillion won
(4)The progress rate, which means the amount collected compared to 400.5 trillion won in tax revenue, reached 135 by February when the government budgeted for this year It is down 42 points from 177 in February last year Considering that the average progress rate over the last five years is 169, taxes are being collected unusually less this year
(5)The decline in tax revenue has increased, mainly in income tax and value-added taxIncome tax from January to February was 24.4 trillion won, 6 trillion won less than 30.4 trillion won in the same period last year, and the decrease in February was 5.2 trillion won, more than six times more than 800 billion won in JanuaryThe government explained that due to the slowdown in the asset market, such as a decrease in real estate transactions, etc
(6)VAT decreased by 5.9 trillion won from 19.8 trillion won between January and February last year to 13.9 trillion won during the same period this year In February, tax revenue recorded negative due to VAT refund tax expenditure, and the amount of tax revenue including refunds increased from 4.6 trillion won in February last year to -6.9 trillion won in February this year
(7)Corporate taxes fell from 4.1 trillion won to 3.4 trillion wonHowever, as of February, about 100 billion won more was collected, and liquor taxes increased for the second consecutive month, although there was little income in February

(1)However, considering this base effect, even if it is calculated, it will be 1-2 this year
(2)Monthly tax revenues were collected 6.9 trillion won less than the same period last year, with the base exclusion tax revenue falling sharply from 1.5 trillion won in January to 5.5 trillion won in February In particular, capital gains taxes fell and securities transaction taxes halved for two consecutive months as the real estate and stock markets shrank significantly to reflect the economy
(3)The decline in tax revenue is expected to continue for the time being This is because the base effect, which affected the decrease in tax revenue, continues throughout the first quarter, and it is difficult to increase asset tax revenue due to the economic downturn
(4)The government is also struggling to come up with countermeasures, believing that the tax revenue shortage is serious It is known that a plan to normalize various tax systems, which were greatly adjusted last year, is being considered It is a plan to increase the fair market value ratio of comprehensive real estate tax from 60 to 80 and adjust the range of oil tax cuts that are limited to 37 cuts