Kim Jong-in "Moon Administration, Giving Disaster Income and Raising Taxes... Is There Policy Consistency?"

[Image source=Yonhap News]

[Asia Economy Reporter Kim Hye-min] Kim Jong-in, Emergency Committee Chairman of the United Future Party, criticized on the 30th, "Looking at the recent increase rate of property tax and tax hikes, it is doubtful why disaster income was paid last May," and said, "The Moon Jae-in administration lacks policy consistency."

Chairman Kim attended the emergency committee meeting held at the National Assembly that morning and said, "President Moon claims that the economy has performed well after the COVID-19 outbreak, but is he realistically assessing the situation?"

He criticized, "Look for any country in the world that has made efforts to raise taxes after encountering COVID-19," and added, "I want to ask economic authorities if they think there is any real economic effect." He pointed out, "More than 40% of our country's so-called manufacturing sector is in a very serious situation," and "There is no outlook on how to overcome their disaster."

Chairman Kim raised his voice, saying, "The only thing that is coming out is policies related to real estate speculation, but there is no direction for any other economic policy," and "I think the birth rate in our country has decreased about fivefold under the Moon administration, and the number of people getting married has also decreased more than twice. Have you ever thought about what the future of the Republic of Korea will be?"

He also sharply criticized the real estate-related bills forcibly passed by the Democratic Party of Korea the day before, saying, "Please seriously consider whether the recent real estate speculation incidents can really be resolved by the real estate law."

Chairman Kim further said, "Please calmly consider what impact the recent disgraceful acts in the prosecution and the undemocratic behaviors occurring in the National Assembly will have on Korean society," and criticized, "There is a precedent where elected power destroys democracy. I think President Moon is repeating that now." He added, "There are loud discordant sounds in various fields of society, but the president, who should oversee this, is saying nothing," and urged, "Please clarify the president's position with better insight."

This content was produced with the assistance of AI translation services.