S.Korea president calls for reunification tax
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South Korean President Lee Myung-bak on Sunday proposed a "reunification tax" to help fund the expected $1 trillion bill when the two Koreas eventually rejoin, but maintained his tough stance against the North.
There are no signs that North and South Korea are anywhere near close to reconciliation, with about 1 million soldiers facing off across the Cold War's last great divide. "Reunification will definitely come," said Lee in a speech marking the liberation of the Korean peninsula from Japanese colonial rule. "I believe that the time has come to start discussing realistic policies to prepare for that day such as a reunification tax." he said. (Reuters)
