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BROAD TAX CUTS WOULD FUEL ECONOMIC GROWTH: S.KOREA'S URI PARTY.
SEOUL, Sept 1 Asia Pulse - The ruling Uri Party said Wednesday that it will push for a bill calling for broad tax cuts, including on special excise or luxury taxes, to bolster economic growth.
The party said it has agreed with the government to push for measures that will scrap special excise taxes on 24 of the 32 items now subject to such taxes. These include projection and plasma display panel TVs, air conditioners, golf clubs, motorboats and jewelry.
The Uri Party, which has 151 lawmakers in the 299-seat National Assembly, said that the tax cuts will also be applied to furs, expensive watches, rugs and furniture, as well as some medicinal products.
However, it said that tax breaks will not be applicable for fuel products such as gasoline, diesel, heavy oil, LPG and LNG. The party said that golf courses, casinos, racetracks and certain restaurants will not be given ...
- Gov't, Uri Party to Push for Space Development Legislation.
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...related ministries," an Uri Party official said. The government and the Uri Party plan to set legal grounds...eligible for corporate tax cuts and tax deductions on investment," the Uri Party official said. In addition...
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- News wire article from: YON - Yonhap News Agency of Korea April 30, 2004 700+ words
...Yonhap) -- Chung Dong-young, head of the pro-government Uri Party, said Friday that he will help this southern resort island...convention zone, making it eligible for various benefits including tax cuts. Chung's commitment came after the government selected Busan...
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- News wire article from: YON - Yonhap News Agency of Korea December 2, 2006 700+ words
...President Roh Moo-hyun and the ruling Uri Party appears to be spinning out of control, with Roh and Uri Party leaders publicly exchanging criticism...bolt from the ruling party and denounced Uri Party Chairman Kim Geun-tae for distorting...
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- News wire article from: YON - Yonhap News Agency of Korea February 23, 2007 700+ words
...declaring his decision to desert the ruling Uri Party. Roh's defection from the Uri Party is expected to further accentuate his lame...announced his decision to defect from the ruling Uri Party by the end of this month during a dinner meeting...
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- News wire article from: YON - Yonhap News Agency of Korea May 7, 2007 700+ words
...who defected from the pro-government Uri Party were set to launch their own party Monday...Han-gill, former floor leader of the Uri Party, will be elected party chairman in a...defection in February, pessimistic over the Uri Party's chances in December's election...
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- News wire article from: YON - Yonhap News Agency of Korea June 28, 2007 700+ words
...who defected from the pro-government Uri Party Wednesday united with a minor opposition...presidential hopeful. The embattled Uri Party, seeing no hope of winning the election...months. About 20 defectors from the Uri Party signed a merger deal with the minor opposition...
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- News wire article from: YON - Yonhap News Agency of Korea May 22, 2007 700+ words
...of wind blew for the pro-government Uri Party on Monday after President Roh Moo-hyun...jung made encouraging remarks. The Uri Party has seen no progress in its months...turn from his previous criticism of the Uri Party's push for an alliance with the Democratic...
- (3rd LEAD) Roh to Meet Uri Party Leadership on Premier Appointment.
- News wire article from: YON - Yonhap News Agency of Korea June 8, 2004 700+ words
...will meet with leaders of the ruling Uri Party over dinner Tuesday to discuss the nomination...on the dinner meeting between Roh and Uri Party chairman Shin Ki-nam and floor leader...Wednesday "if President Roh and the Uri Party leadership can produce an agreement on...