Lee Administration Reportedly Considering Raising Property Taxes in Korea
When you promise people free things you have to find money to pay for it and it appears the Lee administration may be targeting home owners:
An aide to President Lee Jae Myung has hinted at imposing more taxes on homeowners to stop the housing market from further overheating.
This prompted the right-wing opposition People Power Party’s call to hold the presidential aide accountable for causing confusion in the property market, as it claimed the tax hike on the wealthy would wind up hurting the poor.
On Saturday, Kim Yong-beom, chief secretary for national policy for the liberal president, wrote via Facebook that it would be plausible to “normalize” taxation on real estate assets.
In other words, South Korea needs to “rationally adjust” property taxes and comprehensive real estate holding taxes for those owning at least a house, as well as capital gains taxes for those selling their houses for profit, he noted.
You can read more at the link.
Communists want the government to own everything.
Corrupt MAGA Trumpians in high levels of power want the government to own everything so they can profit from it.
“Corrupt MAGA Trumpians in high levels of power want the government to own everything so they can profit from it.”
Has the “corrupt MAGA Trumpians” put more or less government stakeholding in everything?
Reduced federal workforce through layoffs, buyouts, hiring freezes, and agency restructuring.
Reduced federal involvement in education policy; expanded state and local control.
Reduced federal DEI (Diversity, Equity, and Inclusion) programs across agencies.
Reduced federal climate and environmental regulations.
Reduced restrictions on domestic oil, gas, and energy development.
Reduced federal permitting requirements for some infrastructure and energy projects.
Reduced federal influence over vehicle emissions and EV mandates.
Reduced federal oversight of certain financial and banking regulations.
Reduced federal involvement in ESG (Environmental, Social, Governance) investment policies.
Reduced federal support for some renewable-energy subsidies and programs.
Reduced federal influence over public-health guidance compared with COVID-era policies.
Reduced federal spending on certain foreign aid programs.
Reduced U.S. participation in some international agreements and organizations.
Reduced federal contracting preferences based on DEI criteria.
Reduced immigration parole and asylum programs established by previous administrations.
Reduced federal funding for some NGOs involved in immigration services.
Reduced federal regulations affecting small businesses and industry.
Reduced federal authority claimed by agencies through executive action, emphasizing congressional authority.
Reduced federal involvement in local policing issues, emphasizing state and local control.
Reduced federal requirements related to gender identity policies in schools and government programs.
Sounds like Trump wants LESS government involvement and ownership.
You seriously must have extreme case of TDS…
Every post I see, you’re complaining and comparing everyone here to MAGA..
Go see a therapist.. really please do..