Public announcement shocks, ruling party breaks apart, with governments thrown out of ‘death tax bomb’ election

No voter in any country in the world welcomes the government to pay more taxes. The total expenditure budget has increased by 7.1% (2018), 9.5% (2019), 9.1% (2020), and 8.9% (2021) every year since the Moon Jae-in administration, but the reluctance to say “I will increase” is that That’s the reason.

However, on the 15th, just three weeks before the 4·7 re-election by-election, a taxpayer’s point of view actually took place as an increase in taxation. The Ministry of Land, Infrastructure, and Transport announced that the publicly priced price of apartments and other apartments this year was raised by 19.08% on average nationwide. When looking at Sejong City alone, it surged by 70.68%. The disclosed price is directly connected to the imposition of property tax and general real estate tax (deposit tax). In the past, the tax levies, which was considered a tax only paid by the wealthy, were 52,4620 households, up 70% from the last year’s 30,9361 households.

The opposition right now said, “It is a bomb among the tax bombs. The policy to kill everyone who owns and doesn’t have a house” (Ho-Young Joo, the National Power of the House Representative), criticized it and began to criticize it. An official from the People’s Strength said, “When I meet local residents, I ask,’Why is the government raising the house price and paying taxes to me?’” and “The public sentiment is very bad.”

At this point, there is a scene that reminds me of the opposition. It is a memory of the end tax in the past during the Roh Moo-hyun administration. The Roh Moo-hyun administration introduced a final tax in 2005. At the time, the opposition Grand National Party (predecessor of the people’s power) lit a “tax bomb” on the tax increase proposals of the government and the Uri Party (predecessor to the Democratic Party). Many political experts believe that the controversy over the end tax has affected the defeat of the Uri Party in the re-election in October of that year and the May 31 local elections in the following year.

From the Democratic Party’s standpoint, a fire fell on the foot immediately. The public opinion flow is not good due to the controversy over land speculation by the Korea Land and Housing Corporation (LH), and tax issues have been raised, so we cannot help but worry about the negative impact on the election.

As such, the passport actively informs that the burden of raising this disclosure price is concentrated on those who own some expensive apartments. On the 16th, Kim Tae-nyeon, representative of the Democratic Party, said, “Some conservative media are reporting that the tax bomb has become a reality due to the increase in public prices. “Inconsistent reports,” he stressed, “there is no significant change in property tax for most apartment houses, and the tax burden is rather reduced for one-house households with a public price of 600 million won or less.” In addition, he emphasized that it is a burden on some wealthy people, saying, “The burden of the ownership tax for multi-homeowners who owns several expensive houses in Gangnam has increased.”

The Ministry of Land, Infrastructure and Transport also wrote in large letters on the first screen of the homepage, “9 out of 10 apartment houses, the official price of less than 600 million won. It is introduced that 92% of apartment houses decrease the ownership tax.

This way of responding to the passport seems to be a calculation that penetrates the sentiment of the voters. According to a Realmeter survey on the 14th of last month, 57.4% “agree” and 39.3% “agree” to the question, “Should we increase tax more on high-income families” to alleviate the polarization caused by the novel coronavirus infection (Corona 19). I don’t do it.’ In most opinion polls, more negative answers are given to universal symptoms. However, there are many cases where positive answers like this come out higher in the so-called “wealth increase”.

The problem is that this election is an election to elect the mayor of Seoul, which has been hit directly by the rise in house prices. Last year, the number of houses paying the tax in Seoul with a public announcement exceeding 900 million won was 28,842, but this year increased by 47% to 41,2970. One of the five households is subject to the taxation tax. With the increase in the public announcement price increase in Gangbuk than in Gangnam, the district where apartments subject to taxation tax are located also surpassed the existing’Gangnam 3 districts’ (Gangnam, Seocho, Songpa-gu) and’Mayongseong’ (Mapo, Yongsan, Seongdong-gu) It extends beyond the’Nodo River’ (Nowon, Dobong, and Gangbuk-gu). In the case of Gangseo-gu and Seongbuk-gu, the names of apartments subject to the taxation tax have been discussed.

Experts have mixed views on the actual impact on this election. “Political variables seem loud but not decisive in many cases, and economic variables seem quiet but often have a decisive effect,” said Choi Jin, president of the President’s Leadership Research Institute. “He said. On the other hand, Bae Cheol-ho, a real meter expert, said, “Tax is a traditional election variable, but it has not been a decisive variable in the Korean elections.”

However, there are opinions that in the long run, it may be a negative factor in the operation of state administration. This is because the cause of the “wealth tax”, which tax only the rich to redistribute wealth, may disappear. Expert Committee member Bae Chul-ho said, “The Democratic Party says that it is a burden of a small number of people through the so-called splitting method, but it was an opportunity for many people to think that rising house prices is not a good thing. It can be a negative factor for thinking, “I can do it.”

Re-elected member of the Democratic Party’s metropolitan area said, “Financial is difficult due to the corona disaster subsidies, and the public announcement is already planned, so it is an inevitable decision.” said.

Reporters Jin-Hwan Heo and Seung-Hwan Song [email protected]