this post was submitted on 26 Feb 2024
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[–] [email protected] 91 points 9 months ago (3 children)

"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?

[–] [email protected] 59 points 9 months ago (2 children)

South Korea is run by a handful of enormous family owned companies. This is probably related to the fertility rate.

[–] [email protected] 33 points 9 months ago

Small FYI: Those are named "Chaebol" in South Korea, if anyone want's to look further into this.

[–] afraid_of_zombies 2 points 9 months ago

South Korea is run by a handful of enormous family owned companies

As an American I can not relate to this at all since it so so fucking foreign

[–] [email protected] 44 points 9 months ago

What?

And abandon their system of government, corporate feudalism?