Caterina
Sat Mar 30 2024
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6 answers
1604
Is income tax in Korea high?
Could you possibly provide me with some insight on the level of income tax in Korea? I've been considering relocating to the country and am curious about the financial implications of such a move. Is the tax rate considered high compared to other developed nations? Are there any specific income brackets or exemptions that I should be aware of? Additionally, are there any tax planning strategies that are commonly employed by residents to minimize their tax burden? I appreciate your time and expertise in this matter.
Carolina
Sat Mar 30 2024
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7 answers
1673
Why is poverty so high in South Korea?
I'm puzzled, why is poverty so high in South Korea? I've always heard that South Korea is a developed country with a booming economy, yet it seems to have a significant issue with poverty. Could you explain to me the reasons behind this paradox? Is it due to unequal distribution of resources or are there other factors at play? I'm really interested in understanding the complexities of this issue and how the government and society are addressing it.
Stardust
Sat Mar 30 2024
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6 answers
1458
Why is USDT transfer fee so high?
I'm somewhat puzzled why the transfer fee for USDT is so high. Given its status as a stablecoin pegged to the US dollar, I assumed the transactions would be more cost-effective. Is it due to the complexity of the underlying blockchain technology? Or is it because of the high demand for USDT transactions that justifies the higher fees? I'm just trying to understand the economics behind this decision. Could you please elaborate on the reasons for the higher transfer fees?
alexander_rose_writer
Wed Mar 27 2024
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5 answers
1178
Why is Bitcoin transfer fee so high?
I'm somewhat puzzled by the seemingly exorbitant transfer fees associated with Bitcoin. Could you please explain why these fees are so high? I understand that Bitcoin is a decentralized network and that miners are compensated for their work in validating transactions, but isn't there a way to optimize the system to reduce these fees? Are there any alternative cryptocurrencies that offer lower transaction costs while maintaining the decentralization and security of the network? Thank you for your time and expertise.
