Han Byeong-do, the acting leader of the Democratic Party, addressed concerns raised on August 3 regarding the government's recently announced tax reform plan, which some critics labeled as an 'artificial housing price control policy.' He clarified that the plan is a process to protect actual owners and correct a distorted tax structure.
During a Supreme Council meeting on August 5, Han explained, 'This tax reform plan aims to protect single-homeowners while normalizing the tax situation for high-value properties and non-resident multiple homeowners in line with tax equity.'
He added, 'In contrast, the People Power Party is fervently criticizing the plan, claiming it raises taxes without any supply measures.' He noted that President Lee Jae-myung has ordered a comprehensive review of existing real estate supply measures to maximize available housing supply.
Han emphasized that since President Lee has expressed his intentions regarding real estate supply measures, the Democratic Party will activate all relevant committees to support the administration's real estate policies.
He stated, 'The Land, Infrastructure and Transport Committee, the Administrative Safety Committee, the Finance and Economy Committee, and the Political Affairs Committee will all participate to closely monitor the real estate market.' He pledged, 'We will create a real estate policy that the public can trust, based on the voices of the people and the field.'
Additionally, Han criticized the People Power Party for continuing to spread misinformation regarding the criminal procedure law amendments approved by President Lee during a Cabinet meeting on August 4. He remarked, 'The People Power Party has eagerly resorted to all sorts of ugly rhetoric, including impeachment, as if they had been waiting for this moment. This is a malicious judicial offensive that completely disregards the legal content and proper judicial procedures.'
He concluded, 'The Democratic Party takes seriously the urgent appeals and concerns expressed by victims of criminal offenses and their families,' announcing the formation of a task force to directly hear the voices of victims and their families.
* This article has been translated by AI.
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