[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporters Junyi Park and Youngwon Kim] Sim Sang-jung, the Justice Party presidential candidate, criticized Yoon Seok-yeol, the People Power Party presidential candidate, for his pledge to abolish the comprehensive real estate tax, saying, "'The state took all the money' is a false statement, so what kind of punishment will be imposed?"


On the 21st, during the '20th Presidential Election Candidates 1st TV Debate' hosted by the National Election Commission, in the 'leadership debate' segment, Candidate Sim said, "There are 920,000 comprehensive real estate tax payers, which is 2%. Should we be so obsessed with cutting their taxes?" and added, "Shouldn't we be concerned about young tenants and such?"


He then questioned, "Is it appropriate for a presidential candidate to describe it as if the state is committing robbery?"



In response, Candidate Yoon said, "The comprehensive real estate tax is levied together with property tax, and the uniform taxation should be improved."


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