President Lee Says that Additional Tax Revenue from Semiconductor Boom will Go to Future Response Fund

It will be interesting to see what becomes of this:

President Lee Jae Myung speaks during a meeting on state financial strategies at Cheong Wa Dae on July 13, 2026. (Yonhap)

President Lee Jae Myung speaks during a meeting on state financial strategies at Cheong Wa Dae on July 13, 2026. (Yonhap)

President Lee Jae Myung said Monday that the government will use additional tax revenue expected from the ongoing semiconductor boom to create a “future response fund” aimed at investing in future industries and policies for younger generations.

Yonhap

You can read more at the link.

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