"Yoon Also Supports Capital Gains Tax Deferral, Ruling Party's Official Position Is Capital Gains Tax Deferral"
"Opposition Should Not Oppose the People Either"

Former People Power Party floor leader Kwon Seong-dong held a press conference on the 28th at the MBC headquarters in Mapo-gu, Seoul, to protest the coverage of President Yoon Seok-yeol's overseas trip. Photo by the National Assembly Press Photographers Group

Former People Power Party floor leader Kwon Seong-dong held a press conference on the 28th at the MBC headquarters in Mapo-gu, Seoul, to protest the coverage of President Yoon Seok-yeol's overseas trip. Photo by the National Assembly Press Photographers Group

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[Asia Economy Reporter Lee Ji-eun] Kwon Seong-dong, a member of the ruling People Power Party who is actively voicing support for the 'postponement of the financial investment income tax,' pressured Lee Jae-myung, leader of the Democratic Party of Korea, who reportedly expressed a progressive stance on the tax postponement, to "make it a party policy."


On the 14th, Kwon said through his social network service (SNS), "First of all, I welcome it. Now, I hope Leader Lee will take the lead and make the postponement of the financial investment income tax a Democratic Party policy."


He added, "President Yoon Seok-yeol has expressed his position on postponing the financial investment income tax since his presidential candidacy. The People Power Party's party policy is also to postpone the tax," and said, "To alleviate the concerns of 14 million stock investors, the ruling party, opposition, and government must speak with one voice."


Kwon said, "Only the Democratic Party's adoption of the financial investment income tax postponement as party policy remains," and added, "I hope Leader Lee and the Democratic Party will not oppose the people."





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