In November of last year, the cumulative national tax revenue was 322.3 trillion won… 7 trillion or more in additional excess tax

A private research institute estimated that last year’s excess tax revenue exceeded 26 trillion won. Since this is a conservative estimate based on the provisional national tax revenue received up to November of last year, the actual amount of excess tax revenue may increase further. Criticism of the government’s tax revenue forecasting error is expected to grow. On the 12th, the Nara Salim Research Institute analyzed national tax revenue statistics published on the website ‘Open Finance’, which shows the details of fiscal income and expenditure.

Reference-www.hani.co.kr

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