Blue House Denies Reports on Reviewing Excess Tax Revenue from Semiconductor Boom

On May 14, the Blue House refuted media reports claiming that it had begun reviewing plans to utilize excess tax revenue generated by the semiconductor boom, stating, "This is not true."

One outlet reported that Kim Yong-beom, the head of the Blue House Policy Office, had instructed senior officials, including Economic Growth Chief Ha Jun-kyung and Financial Planning Advisor Ryu Deok-hyun, to examine options for using the excess tax revenue.

In a press release, the Blue House clarified, "The government continuously discusses economic conditions, tax revenue circumstances, and directions for fiscal investment."

A senior official from the Blue House dismissed the reports, stating, "We are not at a stage where we are specifically discussing or reviewing plans for utilizing excess tax revenue from the semiconductor sector, and there are currently no plans for such a review."

Previously, on May 11, Kim Yong-beom had mentioned on his Facebook page that if an unprecedented surplus in tax revenue were to arise from the AI infrastructure boom, a portion of that benefit should be returned to the public, referring to it as a 'citizen dividend.'