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Party government office announces property tax cuts and exemptions
“Concluded party administration” speaking with a senior YTN government official
Han Jeong-ae “Property tax easing standard is 600 million won”
The Democratic Party, aware of next year’s by-elections, demands ‘less than 900 million’
[앵커]
Additionally, the Democratic Party, the government, and the Blue House decided to set the standard for reducing property taxes to be a home with an official site of 600 million won or less. The leadership of the Democratic Party demanded less than 900 million won, but it is said that President Moon’s will to make less than 600 million won as a rule. Let’s go to the National Assembly. Reporter, manager! The tug of war between the Democratic Party and the government continued in the process of tightening the standards for property tax cuts. In the end, does it mean that opinions have been gathered in the government plan? I think you should see that. After a process of coordination between the Democratic Party and the government, the standard for property tax relief was effectively determined for a homeowner with a publicly advertised site of 600 million won or less. A senior government official explained yesterday in a call with YTN that they had already gathered opinions in this direction at a meeting of the party’s senior office on Sunday. Recently, the Democratic Party also confirmed the related information. Democratic Party Policy Committee Chairman Han Jeong-ae met with reporters and said that although there were many opinions within the party, the standard for reducing property taxes was set at 600 million won. He then explained that this is the stage of conducting a last minute simulation with local governments on the effect of this policy. The current property tax rate is 0.1 ~ 0.4% depending on the range of the tax base, but if the final decision is made as planned, it is effective to reduce the property tax rate in each section by 0.05% points per 1 owner of less than 600 million won. So far, the Democratic Party has insisted that the property tax should be lowered to a homeowner with less than 900 million won. Opinions of metropolitan lawmakers who were concerned about public sentiment, such as pregenerational dissent heading into next year’s reelection, have been known to influence. However, the government has been unable to narrow the gap by suggesting a 600 million won standard based on tax fairness and tax reduction concerns. In particular, President Moon’s willingness to make less than 600 million won, according to a senior government official, is said to have been strong. Therefore, it appears that the Democratic Party was unable to push less than 900 million won to the end. Another issue is the stock capital gains tax requirement for major shareholders, which agreed to temporarily suspend the government’s proposal to reduce the current 1 billion won to 300 million won. It can be seen as a reflection of the position of the Democratic Party concerned about the so-called ‘Ant Donghak’, a backlash from private equity investors ahead of next year’s implementation. The government announcement on property tax reduction rules is expected to be announced soon, and the announcement on requirements for major shareholders is expected to be made in light of the stock market situation after the presidential elections. from the United States. I’m also curious about the reaction of the opposition. There is a huge gap between the conservative and progressive opposition, right? In the first place, the popular power ruled out that this mediation plan was nothing more than a contempt for the ruling party of the government, aware of the ‘vote’ for re-election next year. Home prices in metropolitan areas like Seoul are on a high streak, but if you lower your property tax, it has no real effect. In a call with YTN this morning, Representative Song Seok-joon, chairman of the People’s Power Real Estate Commission, criticized the government for trying to disrespect after raising the price of a house. He also argued that to benefit the public, the property tax reduction should apply to homeowners with less than 600 million won to 900 million won. On the other hand, the Justice Party has opposed a property tax cut of 900 million won or less, which is positive for this government proposal. Justice Party Chairman Kim Jong-cheol previously made a decision on the Democratic Party’s plan to ease property taxes from a house with less than 900 million won, and asked if all local governments they should sacrifice themselves for the elections. However, we protest the delay in easing the requirements for major shareholders. At the end of last year, only 1.5% of all investors were subject to capital gains tax, and the ruling party’s claim that it is a burden on ordinary investors is unconvincing. So far, the National Assembly has handed it over. Manager[[email protected]]
