Geumwoom investment income tax (hereinafter referred to as ‘gold investment tax’) imposes tax on the income from rice fields and stocks.image text translation
An unfair taxation system where different tax rates were applied depending on Geumwoong products such as bonded bonds.
Tax justice, including reorganizing the framework and taxing investment losses and profits together
It was not introduced to realize the principle. 2024.9.23.
Hangeoreimage text translation
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Controversy over the abolition of the gold investment tax… 80% of economists say it needs to be introduced
August 25, 2024
Economists have discussed the main purpose and expected effects of introducing the gold investment tax: neutrality between gold products and
Enhancing neutrality between direct and indirect investments (32%6), securing tax revenue (24%6), and redistributing income (24%6)
[Gold Investment Tax Controversy] @ In foreign countries?… U.S., Japan, etc. vs. Taiwanimage text translation
September 18, 2024
Many developed countries, such as the United States and Japan, calculate capital gains and losses from stock trading.
It has a capital market taxation system similar to the gold investment tax that imposes provincial income tax rates.
[Commentary] The Democratic Party, which cuts taxes for the rich, should stop discussing the postponement of the gold investment tax.image text translation
2024.9. 23. _ Assuming the average domestic stock return is 109, it is 10 times the basic gold investment tax deduction of 50 million won.
This means that you must own stocks worth more than 500 million won to be subject to taxation.
The reason for the revision of the gold investment tax is that the tax will reduce the investment sentiment of 14 million individual investors and worsen the economy. However, gold investment tax andimage text translation
The three targets (based on domestic listed stocks) account for approximately 1% of all individual investors. Assuming the average domestic stock return is 1096, the basic gold investment tax deduction is 5.
This means that to be subject to taxation, you must own stocks worth more than 500 million won, which is 10 times more than 10 million won. There are more than 109 investors in stocks worth more than 500 million won.
How many times does the object that can be divided into three times repeat? In the end, the abolition or postponement of the investment income tax is a tax reduction policy for the wealthy 1%.
The gold investment tax is based on a very common sense tax policy that taxes are levied on income.
Then, it is a natural policy in a capitalist country to levy taxes when income is earned through financial investment.
Moreover, the gold investment tax is not a tax imposed on all financial investors.
It is added only when profits are made by adding up profits and losses.
In addition, since the tax is levied only on income earners who exceed the tax bracket, the tax is levied only on top earners.
They oppose this and eventually have it abolished….
This can be said to be a victory for the top income earners… Looking at things like this, I can understand why our country is a fraudulent republic…
It’s so easy to deceive the pigs and pigs, so how deceitful and scammers must live… Ugh… you idiots…
The country is already suffering from speculators who are desperate to make a quick fortune, and I am confused because the abolition of the gold investment tax seems to be a reflection of the sick country…