The Democratic Party and the People Power Party to Conclude Comprehensive Meeting on the Day After Tomorrow... Plan to Ease Comprehensive Real Estate Tax for the 'Top 2%'

[Asia Economy Reporter Lim Chun-han] The Democratic Party of Korea will hold a policy caucus on the 18th to adopt a party stance on the comprehensive real estate tax adjustment plan.

The special committee plans to propose to the caucus limiting the imposition of the comprehensive real estate tax on single-home households to those with publicly announced property prices in the 'top 2%.'

Yoo Dong-su, the special committee's secretary, met with reporters after a closed Supreme Council meeting on the afternoon of the 16th and said, "We have decided to hold a caucus on Friday and plan to submit the existing special committee proposal to the caucus."

The special committee's proposal was previously rejected once at the caucus on the 27th of last month, so intense controversy between supporters and opponents is expected.

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