“South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.”
This seems fishy to me.
Why not develop tax incentives and subsidies for the parents directly, instead of giving companies another loophole?
“South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.”
This seems fishy to me.
Why not develop tax incentives and subsidies for the parents directly, instead of giving companies another loophole?
South Korea is run by a handful of enormous family owned companies. This is probably related to the fertility rate.
Small FYI: Those are named “Chaebol” in South Korea, if anyone want’s to look further into this.
What?
And abandon their system of government, corporate feudalism?