Koreas Erbschaftssteuern werden für die weltweit viertgrößte Abwanderung von Millionären verantwortlich gemacht

드디어

I think the issue is valid.

The current inheritance tax is way too high, which leads to the propagation of loopholes that the rich can abuse (Bakery-Cafes are just the tip of the iceberg).

This effectively hurts the middle~upper-middle class more so than any other as they have less access to the resources for reducing their tax burden.

Would wealthy Koreans be less inclined to abuse loopholes and dodge taxes if inheritance taxes were more reasonable? Definitely.

In fact, it might be the case that the income tax yield might actually rise if the tax rates were lower, since it’d be less tempting to evade taxes (there’s always a threshold). Currently the incentive for finding loopholes and dodging taxes are far too high and that’s what we see here.