calendar>>October 13. 2016 Juche 105

Gap between Rich and Poor Widens in S. Korea

Pyongyang, October 13 (KCNA) -- The gap between the rich and the poor is rapidly widening in south Korea due to the misrule of the Park Geun Hye group of traitors, according to a south Korean on-line paper.

The National Tax Service said the share of the rich with the largest income, who hold 10 percent of the society, was 92.9 percent in 2011 and it increased to 94.2 percent in 2014.

The share of the plutocrats who account for one percent of the population has surpassed 70 percent of the total shares.

In this regard, a lawmaker from an opposition party said income concentrated on just one percent of the population is going against justice in distribution, stressing the need to follow a policy which is helping increase incomes of the middle class and common people.