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Summary

  • The Democratic Party announced that they agreed to defer the capital gains tax for two years.
  • The chairman of the True Democratic Policy Committee emphasized the need to focus on imposing tax burdens on the wealthy regarding such deferral decisions.
  • He stressed the importance of social contribution and the government's existence being justified by receiving support from the majority.

The Democratic Party agreed to defer the capital gains tax for two years, but the chairman of the True Democratic Policy Committee expressed concern. On the 1st, the chairman stated on his Facebook, "It is difficult to understand why the capital gains tax, which was legislated four years ago through a summer agreement, should be easily abolished and deferred." He further emphasized, "All income, including labor income, business income, and real estate income, is taxed. I cannot understand why only capital gains should be exempt from taxation," adding, "The tax should be imposed on the top 1% of the richest individuals, not on all investors." Meanwhile, the chairman stressed, "We must exist with the support and votes of the majority of the people. If we do not gain their support, we cannot hope for the future. We must appeal to the wealthy to contribute for the sake of our society and future generations."

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