Blue House Protests Bloomberg Report on ‘National Dividend’ Remarks

The Blue House has reportedly sent a formal protest letter to Bloomberg, saying the U.S. news agency misinterpreted remarks by Kim Yong-beom, presidential chief of policy, on a proposed “national dividend.” According to government ministries on May 15, the Blue House argued that Bloomberg reported Kim’s reference to “excess tax revenue” in a way that could be understood as a distribution of “excess profits,” creating confusion in the market. Bloomberg initially described the remarks as a “share of AI profit.” After the stock market fell sharply, it later reported that Kim had clarified he meant using excess tax revenue. The Blue House maintains Kim referred to distributing excess tax revenue, not excess profits, and reportedly demanded acknowledgment and a formal apology. Source: rss.donga.com