Topic: what other things are tax deductible


Topic: what other things are tax deductible

Summary


There are many deduction systems in Korea. Examples include earned income tax deductions, personal tax deductions, credit card deductions and child tax deductions. Earned income deduction is the deduction of a certain amount from the total amount of benefits to calculate the tax base for earned income. Personal deduction is a system that deducts a certain amount from taxable income in consideration of personal information about the taxpayer himself or his family. Credit card deduction refers to a 15 percent income tax deduction for credit card use used in excess of 25 percent of the total salary regardless of the salary. Child tax deduction is a system that deducts a certain amount from the calculated tax amount if a child is eligible for the basic tax deduction when calculating the aggregate income tax amount of a resident. 

Interesting


Taxes are essential for the operation of a country. If so, there are various ways to collect such taxes, and it is possible to pay them less. There are many ways, so it seems too difficult to consider them all. 

Discussion
If reducing taxes comes first, is it a good people or not? It is important to find one's rights. Then it is important to find a way to reduce taxes. But what will happen to the country if everyone does? Rather, it could be a more efficient and economical country, but vice versa.

Comments

Post a Comment

Popular posts from this blog

How can we reduce the suicide rates in Korea?

How can we reduce the suicide rates in Korea? -       Since Korea is the number one suicide rate among OECD countries, many efforts have been made to lower it. Currently, the government is establishing a public-private cooperation system to prevent suicide based on the community. In addition, emergency medical institutions are working together to prevent suicide attempters from leading to secondary suicide, thereby strengthening the response to suicide attempts and preventing secondary spread. In addition to this, the government has made numerous efforts, including specialized suicide prevention projects for each life cycle and creating a culture of respect for suicide prevention life. But the first thing to change is people's perception of psychiatry. Depression, a major cause of suicide, is a disease, so it is natural to go to the hospital for treatment. However, many people in Korea think that going to a psychiatrist is strange. It is thought that it is difficult to reduce
Read more

Week 11-4. Did you find yourself changing your presentation when you met with different people? Male/females? Attractive/ nor attractive? Others?

I personally find myself changing my presentation with different people. I am much comfortable with females because the conversation topic is more in common and girls are often more compassionate than boys. I find myself more comfortable, funny and soft in front of girls. Also, I become very talkative and outgoing when I'm with people that I think are attractive. I feel desire to appeal myself when I see someone that I like, because naturally you can be more awkward and less confident when you're interested in that person but I don't want to hide myself.  I am usually relaxed and calm in person but attractive friends make me active, which can give me inner energy so I try to hang out with favorite people a lot.
Read more

Introduction to the blog

This blog is a digital forum where students from Spring 2020 class in Invitation to Sociology at the Hanyang University in Korea will discuss their weekly readings and activities. Each week you are expected to post a a blog post on at least 3 pages worth of the readings assigned for next week on our blog (here)  and make a comment on another student's post. As you are expected to do the assigned readings FOR the lectures they are assigned to, you are expected to post your blog and comments BEFORE that lecture. Deadline: Saturday midnight, for main blog posts and Sunday, midnight for comments. Exception: blog posts for the first week can be posted during the first week of class, as if they were for the second week. An ideal commentary should be about third of a page in length (~200 words), divided intro three clearly labeled sections in which you: 1) summarize in your own words of materials you read; 2) mention of any new, interesting, or unusual items learned; 3) identify
Read more