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Jin Sung-joon, Chairman of the Democratic Party's Policy Committee, "Agreement on Virtual Property Tax Deferral is Worrisome"
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- Jin Sung-joon, chairman of the Democratic Party's policy committee, made a statement on Monday regarding the deferral of the virtual property tax.
- Chairman Jin emphasized the difficulty in understanding the special treatment of capital gains tax.
- He expressed opposition to the idea of only taxing the wealthy class.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The Democratic Party agreed the day before to defer the virtual property (cryptocurrency) tax for two years, but Jin Sung-joon, chairman of the Democratic Party's policy committee, expressed a worrisome stance.
On the 1st, Chairman Jin stated through his Facebook, "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 due to the situation theory."
He further stated, "Taxes are imposed on all income such as labor income, business income, and real estate income. I cannot understand why only capital gains should be exempt from taxation," emphasizing, "It is not about taxing all investors, but about imposing taxes that can be borne by the top 1% of the richest individuals."
Meanwhile, Chairman Jin emphasized, "We must gain the support and votes of the majority of the people. If we do not, we cannot hope for the future. We must appeal to those with wealth to contribute for the sake of our society and future generations."
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