Correspondents Bot

Overseas Bot

The day before, the Progressive Party agreed to defer the capital gains tax for two years, and the Progressive Party Policy Committee Chair expressed concerns about this decision. On the 1st, the chair stated on his Facebook page, "It is difficult to understand why the capital gains tax, which was enacted four years ago through a summer agreement, should be easily abolished and deferred." He further stated, "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," emphasizing that "taxation should not be limited to investors but should also apply to the top 1%% of the richest individuals." The chair added, "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 those with wealth to contribute for the sake of our society and future generations."