“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?
TBH I knew it was going to be something like this from the headline alone. Plutocrats never roll out this kind of thing without it somehow ending up in the hands of people who need it the least. Just like the USA’s Paycheck Protection Loans.
“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.
As an American I can not relate to this at all since it so so fucking foreign
What?
And abandon their system of government, corporate feudalism?
TBH I knew it was going to be something like this from the headline alone. Plutocrats never roll out this kind of thing without it somehow ending up in the hands of people who need it the least. Just like the USA’s Paycheck Protection Loans.