"Lee Jae-myung, the ruling liberal Democratic Party's Presidential candidate, who has pledged to introduce a UBI scheme, is in a dead heat in the polls ahead of election, scheduled on March 9. Lee plans to hand out a UBI of 1 million won ($840) to every resident annually. In addition to the UBI, he has pledged to deliver 1 million won to 19- to 29-year-olds and up to 1 million won to rural residents annually. He indicates that other categorical basic income programs for children, the elderly, and the disabled will be added. He proposes to finance his basic income programs with land holding tax, carbon tax, and reform of budget and tax expenditures. His electoral platform of a UBI and categorical basic incomes is quite convincing because he has a record of implementing basic income schemes, albeit in small scales, while serving as mayor of Seongnam-si and governor of Gyeonggi-do, the most populous province in the country with 13.5 million residents."

https://basicincome.org/wp-content/uploads/2022/02/You-and-Choi_revised.pdf