Jang Donghyuk: "Real Estate Tax Bomb Becomes Reality... A Bandit Regime Robbing People's Wealth"

"The Day the Democratic Party Holds Its General Assembly in a Detention Center Will Come"

Jang Dong-hyuk, leader of the People Power Party, fiercely criticized the real estate policies of the Lee Jae-myung administration on the 23rd, stating, "This is not a government that protects the property of the people, but a bandit regime that robs the people of their wealth."

At the Supreme Council meeting held at the National Assembly that morning, Jang said, "Jeonse (lump-sum deposit rental contracts) are disappearing, and monthly rents are surging, putting ordinary people without homes in an impossible situation."

Jang Dong-hyuk, leader of the People Power Party, is speaking at the Supreme Council meeting held at the National Assembly on the 23rd.

Jang explained that, under this administration, there have been discussions about strengthening property holding taxes and abolishing the long-term ownership special deduction, adding, "The real estate tax bomb has become a reality." He further pointed out that, after controversy arose, "The Democratic Party claimed it had never discussed abolishing the special deduction, backing down as usual," criticizing this as typical behavior.

He also stated, "President Lee Jae-myung has thrown a bomb and now remains silent," and added, "Are they just waiting for the local elections to end before dropping a tax nuclear bomb on the entire nation?" He emphasized, "The only way to protect your home is to choose the People Power Party."

At the meeting, Jang remarked, "I never expected to witness a successful parliamentary investigation since entering the National Assembly," and called the recently completed investigation into alleged fabricated indictments a "successful parliamentary probe."

He commented, "Thanks to the vigorous efforts of Chairperson Seo Young-kyo and Democratic Party lawmakers, the truth about Lee Jae-myung's alleged illegal remittances to North Korea and the Daejang-dong scandal has been revealed," describing President Lee as someone who "ended up making things worse while trying to solve a problem."

He continued, "The Organisation for Economic Co-operation and Development (OECD) has issued a warning regarding Lee Jae-myung's destruction of the judiciary," and claimed, "They have brought international disgrace upon themselves just to keep Lee Jae-myung out of prison."

Jang further said, "Let the Democratic Party do as they please," predicting, "Soon, Lee Jae-myung's trial will resume due to the people's judgment, and before long, the Democratic Party's general assembly will be held in a detention center."

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