Tax rate 7%..? If you mean the income tax, wrong again. There is definitely not ONE income tax rate. When in Korea, until recently, I paid about:
14.87% Income tax
1.49% Resident tax (10% of income tax)
1.81% Health Insurance
2.04% National Pension (what a joke!)
There were a few odds and ends on top of that, for a grand total of 21.3%. So 7% indeed would’ve been nice!
Actually, the income tax starts at ‘zero’. zero% income tax on salaries up to 1 million won. then it goes slowly ?€“ first, and then faster - up, by slices of 100,000 won. ?œ??¨…??³ publishes a booklet every year to help accountants calculate the income tax. Believe me, it is not even remotely connected to that 7% fairy tale, and I surely wish it were that simplistic…

1 - Korea has 3.4% unemployment.
2 - Korea has no social welfare system to speak of
3 - Korean tax rate - 7 %

What in the lord were you talking about?

That might be Dail Church, but it’s possibly a different one since Yongdongpo is not close to Jeongnongdong, where Dail Church is located.

Those interested in more information might like to know that Dail Church cares for the poor and the homeless by running a House of Sharing, which provides free food and free shelter, and an Angel Hospital, which provides free medical care.

Dail Church was founded by Pastor Choi Il-Do in 1988/89 as an outreach to the homeless, the poor, and the elderly without children to support them. Pastor Choi wrote his memoirs about his experiences in founding and running Dail Church and its various services and outreach programs:

??œ??¼???: ?°??§“??” ??œ??¸ ??¼??¼??” ?????‘. ??œ??¸?ª???? ??œ??¼?????? ????????¤??´ ??¸????°¾?¸°.

Published in 1995, the book was a bestseller in Korea. Pastor Choi wants to publish it in the United States, so my wife (Sun-Ae Hwang) has translated it, and I’m currently proofreading it for her.

For those interested in learning more about the Dail Church, please visit the blog of Dail English Pastor Aaron Krueger:

http://dailkorea.blogspot.com/

Those proficient in Korean (not I) can visit the official Dail Church website:

http://www.dailchurch.org

Dail Church welcomes any support and assistance, of course, so if anyone wishes to help, please visit the websites establish contact via email.

Jeffery Hodges

Exactly… only when we elect democrats will the homeless problem disappear (or go into remission until the next GOP Prez).

Take your pick:

Y?´ngd??ngp’o (Yongdungpo)
Yeongdeungpo

(Affectionately yours.)

1) bad economy

2) continued razing of “dal-dongnae’s” (shanty towns) with lack of support for those who can’t afford to move out.

3) unaffordable housing (despite the latest deflated real estate market)

4) rising number of mentally ill, alcholic, and drug addicts.