President Lee Jae Myung ordered a full review of the government's proposed overhaul of individual savings accounts (ISAs) and measures targeting the deliberate suppression of share prices. The order came on Friday, just four days after the government unveiled its tax reform plan on Aug. 3. What went wrong? Cuts to existing ISA benefits ISAs offer tax breaks on interest and dividend income, making them a widely used vehicle for retail investors seeking to build wealth. Up to 2 million won ($1,416) of investment income is tax-exempt, while income above that threshold is taxed separately at a preferential rate of 9.9 percent. As part of an effort to channel more money into domestic markets, the government proposed a new "productive finance ISA." Investment income from the account would be fully tax-exempt, with no cap, while investors could contribute as much as 20 million won a year and 200 million won in total over a maximum period of 10 years. But the proposal would scale back benefits available under existing ISAs. The government plans to shorten their maturity and scrap the ability to c