Kim Dong-yeon: "Taxes Are Paid Without Specifying Their Use... We Will Revitalize Economic Dynamism"

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province Governor Kim Dong-yeon pledged not to waste taxes and to revitalize economic dynamism.

On the 3rd, Governor Kim Dong-yeon announced through SNS that he had presented commendation plaques to exemplary taxpayers, saying "Taxes are paid by citizens with trust in the nation and Gyeonggi Province, without specifying their use" and "I feel a sense of responsibility that they should not be wasted."

He added, "Gyeonggi Province will support entrepreneurship and revitalize economic dynamism through business-friendly policies," and "We will take the lead in deregulating business activities that hinder corporate operations and creating an innovation ecosystem. We will provide opportunities for struggling businesses to make a comeback."

He further stated, "Without going against market trends, we will use the precious resources that Gyeonggi residents have entrusted to us wisely so that the quality of life of our residents can truly improve."

The following is the full text of Gyeonggi Province Governor Kim Dong-yeon's SNS post.

<We Will Not Waste the Resources You Have Entrusted to Us>

On Taxpayers' Day, I presented commendation plaques to those who have contributed to local finances through exemplary tax payment.

The recipients thanked me as they received the plaques, but it is I who should be grateful to them.

Taxes are paid by citizens with trust solely in the nation and Gyeonggi Province

without specifying their use. I feel a sense of responsibility that they should not be wasted.

This morning, I happened to read an economics column titled 'The Visible Fist, The Invisible Hand.' The economy has been struggling lately. As a solution to the high inflation crisis, price interventions in markets such as telecommunications, finance, and liquor are taking place.

I am concerned that the 'visible fist' wielded in haste could bring even greater structural problems.

Gyeonggi Province will support entrepreneurship and revitalize economic dynamism through business-friendly policies.

We will take the lead in deregulating business activities that hinder corporate operations and creating an innovation ecosystem. For struggling businesses,

we will provide opportunities for a comeback.

Without going against market trends, we will use the precious resources that Gyeonggi residents have entrusted to us wisely so that the quality of life of our residents can truly improve.