SEOUL, Nov. 16 (Yonhap) — Rival presidential candidates from the ruling and main opposition parties have put forward widely different policies on real estate tax, one of the most sensitive election issues amid skyrocketing home prices, raising questions about their feasibility.
Lee Jae-myung, the presidential nominee of the liberal ruling Democratic Party, has called for introducing a "land ownership tax" on all land to fund his plan for a universal basic income.
Yoon Seok-youl of the conservative main opposition People Power Party, on the other hand, has offered to reconsider the Gross Real Estate Tax, which is imposed on owners of […]
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