Kim Tae-nyeon “‘Tax Bomb’? Inflated Gangnam Special Case”

Amid an inflection point in the 4.7 by-election of Seoul and Busan mayors due to speculation by the LH (Korea Land and Housing Corporation), the opposition parties also fought over the publicly announced price plan for apartment houses released by the Ministry of Land, Infrastructure and Transport.

The government’s announcement was based on the Moon Jae-in government’s roadmap for realization of published prices, but in line with last year’s skyrocketing house prices, this year’s published prices rose 19.8% year-on-year, and the real estate conflict between the opposition and opposition parties is spreading.

In addition, Kim Tae-nyeon, representative of the Democratic Party, said at the in-house countermeasure meeting on the 16th that the’tax bomb’ has become a reality due to the increase in public prices, saying, “This is a generalization of the special case of multi-homed people in the Gangnam area, and inflating the special case of expensive housing. “It’s a generalization” and denied that it’s not true.

Representative Kim said, “While the tax burden for high-priced multi-homeowners in Gangnam has increased, most apartment houses have not changed significantly, and the tax burden for single-family dwellings has decreased.” 1 The property tax rate for homeowners is cut by 0.05% from last year,” he dismissed. It is explained that the property tax rate for this section was reduced by 0.05 percentage points compared to last year, as the publicly announced homes of 600 million won are about 850 to 900 million won at the market price.

He added, “It is in accordance with the government’s and the Party’s policy to make fair taxation and selection of welfare recipients fair,” he added.

On the other hand, the power of the people, Ho-young Joo, at the in-hospital countermeasure meeting, aimed at the government, saying, “It was said that he was devoted to real estate stabilization, but he came up with 25 countermeasures, but the price of the house soared and it was thundered by tax bombs in the entire household.

“I have only one house without any income,” said Joo Nae, who said, “Where are the people to bear if I ask you to pay a huge amount of tax?” and “I am confident that the angry public sentiment will bring judgment on a regime that is scarier than a tiger.”

In particular, he criticized President Moon’s emphasis at the previous day’s meeting of his chief advisors with the purport of “the clearing of real estate is the candlelight spirit”, saying, “I was stunned because the Moon Jae-in regime had a perception apart from the people.” “(President Moon) remarked that the liquidation of real estate storage is the main task for the remaining term, but the government of Moon Jae-in started to immediately liquidate the redemption,” he said. “The people are demanding that the house price be returned to the house price at the time of inauguration.”

He said, “I have to trample on the candlelight spirit of fairness and I still have no words to say because I am still rhyming with the candlelight spirit,” he said.