More people are getting concerned that education tax nullification policy might make the situation worse for the field of education.
The Korean government proposed reorganization of the taxation system that cancels three special purpose taxes namely education tax, fishing and agrarian village special tax and transportation, energy, environment tax to be transferred into individual consumption tax.
Government’s reason behind this decision is that there are needs of reorganization due to the fact that surtax such as education tax makes taxation system complicated and blocks flexibility in financial management.
However, the education community which has struggled to secure ‘6% of GDP for education’ is gravely opposing to the decision.
The Korea Federation of Teacher’s Associations (KFTA) announced that “The purpose of education tax law has not been accomplished because financial support for education is only about 4.3% of GDP” and requested that “Government should make a blueprint to secure stable budget for education for alternative solution to nullification of education tax.”
National assembly and academic circles are also worried out the situation. Congresspersons and professors argued that “Education tax is a tax that supports education finance” and “We need education tax for stable financial security since educational standard in Korea is much lower compared to the advanced countries even though education financial situation got better than when education tax was first introduced.”
KFTA started collecting signatures from all the teachers in Korea to achieve three purposes: △to make the government abandon education tax nullification plan, △to withdraw hiring freeze plan, △to stop government employee pension law reform from October 23rd and held a forum with subject of “Problems of Education Tax Nullification” on 27th.