Politics · South Korea · 6 hrs ago

South Korea's Democratic Party Divided Over Property Tax Relief

South Korea's Democratic Party Divided Over Property Tax Relief

South Korea's Democratic Party is facing divisions on two fronts: controversy over alleged mass party enrollment linked to Shincheonji, and disagreement over property taxes.

At a meeting on Nov.

8, the party asked the government and presidential office to set the basic deduction threshold for the comprehensive real estate tax at 1.4 billion won, regardless of whether owners live in the home.

The presidential office said property tax was not discussed at the meeting, leaving the impression that it did not share the party's position.

Party lawmaker Park Joo-min urged caution about easing the tax, and a party spokesperson said the request was not an agreed party position.

The disagreements are complicating leader Kim Min-seok's effort to shift the party's focus to everyday concerns after apologizing over the Shincheonji issue.

The party says it will gather lawmakers' views, while one lawmaker said its leaders should settle the tax question.

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What people are saying

Park Joo-minDemocratic Party lawmaker
Since the government has also settled on its current position after various discussions, it is right to approach the issue of easing the comprehensive real estate tax burden cautiously.
via Yonhap
Presidential office officialOfficial
The party has conveyed various opinions to the government and the presidential office, but the comprehensive real estate tax and owner-occupancy were not meeting topics.
via Yonhap
Kim Min-seokDemocratic Party leader
The party will make self-purification efforts and pursue institutional improvements so that concerns about religious intervention in politics within the party disappear.
via Yonhap