Sim Sang-jung "Lee Jae-myung's 'Real Estate Tax Cuts', How Is It Different from the People Power Party's Alternative?"

"Does It Legitimize the Theory of Regime Change?"

Lee Jae-myung of the Democratic Party of Korea, Ahn Cheol-soo of the People Party, Sim Sang-jung of the Justice Party, and Yoon Seok-youl of the People Power Party, the presidential candidates from both ruling and opposition parties, are posing ahead of the first debate hosted by the National Election Commission held at MBC in Mapo-gu, Seoul on the 21st. Photo by the National Assembly Press Photographers.

[Asia Economy Reporters Junyi Park and Youngwon Kim] Sim Sang-jung, the Justice Party presidential candidate, criticized Lee Jae-myung, the Democratic Party presidential candidate, saying that his real estate policy stance, including the freeze on property tax, is no different from the claims of the conservative opposition.

On the 21st, during the 'leadership debate' segment of the '1st TV Debate for the 20th Presidential Election Candidates' hosted by the National Election Commission, Candidate Sim pointed out, "How is freezing property tax any different from Seoul Mayor Oh Se-hoon's 'freeze on official property prices'?"

She also said, "Lee's alternatives, presented as solutions to the failure of the Moon Jae-in administration's real estate policy, are bomb supply, deregulation, and real estate tax cuts," adding, "These are the alternatives proposed by the People Power Party when criticizing the Moon administration. If this is correct, doesn't it legitimize a regressive regime change theory?"

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