<Anchor> The
Democratic Party has decided to ease the real estate tax. Even among lawmakers, opinions in favor and against were strongly opposed, and it was decided to impose the comprehensive real estate tax on the top 2% of the published price based on the person with one house and raise the transfer tax exemption standard.
For more details, this is reporter Han Se-hyeon.
<Reporter> A
general meeting of the Democratic Party's real estate policy-related lawmakers convened by Song Young-gil.
The lawmakers debated for nearly three hours over the proposals for easing the estate tax and transfer tax proposed by the Real Estate Special Committee.
Previously, the party special committee proposed a proposal to narrow the standard for property tax for single homeowners to the top 2% of published prices and to raise the transfer tax-free standard from the current 900 million won to 1.2 billion won.
At the National Assembly, Real Estate Special Committee Chairman Kim Jin-pyo and pro-moon Seong-joon Jin explained their pros and cons, respectively, and the debates followed.
As arguments for punitive taxation and tax cuts for the rich clashed, an online vote was eventually held for all lawmakers.
In the vote with 82% of the lawmakers, the special party senator won more than half of the votes, and accordingly, the party argument is promoted.
[Koi Yong-jin / Senior Spokesperson for the Democratic Party: The voter turnout was finally counted as 82.25%. The proposal for raising the capital gains tax imposition standard and the 2% tax on capital gains received more than half of the votes… .] The
listed price of the top 2% houses is about 1.1 billion won as of now.
This is an increase of 200 million won from the current price, and the actual transaction price is more than 1.6 billion won.
In this case, it is expected that this year's taxpayer will be reduced from 183,000 to 94,000.
The Democratic Party has also decided to raise the transfer tax exemption standard from the current 900 million won to 1.2 billion won.
However, in order to avoid criticism of tax cuts for the rich, the current special deduction, which provides up to 80% of the gain regardless of the transfer profit, will be reduced by 80% for 1 billion won, 60% for 2 billion won, and 30% for 4 billion won.
The Democratic Party plans to revise the law after reporting it to the Supreme Council.
It is interpreted as a result of the political judgment that it is necessary to capture middle-class votes by easing the tax burden ahead of next year's presidential election.
(Video coverage: Jinho Park, Video editing: Mira Yu)