Han Dong-hoon “Non-partisan discussion on abolishing the gold investment tax”… Official proposal to Lee Jae-myung

by times news cr

2024-08-07 06:13:46

People Power Party leader Han Dong-hoon speaks at the party-government council meeting on the WeMakePrice and Tmon incident held at the National Assembly in Yeouido, Seoul on the morning of the 6th. From the left, floor leader Choo Kyung-ho, Han, and Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok. 2024.8.6/News 1

People Power Party leader Han Dong-hoon said on the 6th regarding the stock market crash, “Considering this situation, I am officially proposing that we have forward-looking, supra-partisan discussions on the gold investment tax so that we do not miss the timing.”

Representative Han said this during a ruling party-government council meeting held at the National Assembly building this morning, saying, “I understand that former Democratic Party of Korea leader Lee Jae-myung also expressed a somewhat flexible position on this (gold investment tax).”

He continued, “The global stock market is heading toward an unstable situation in many ways,” and expressed concern, saying, “In such a situation, if South Korea maintains and ultimately enforces the gold price hike that is the only momentum for a large stock price decline, we will be deliberately creating a perfect storm and walking into it in a difficult situation.”

He added, “The stock market reflects a lot of psychological factors, and major events such as the gold investment tax are usually reflected six months in advance.” This is interpreted to mean that if discussions on abolishing the gold investment tax begin now, it could have an impact on the stabilization of the stock market, as the gold investment tax is only five months away from being implemented.

One representative said to the government, “As the stock market decline has increased public concern, I ask that the government also take various measures and send messages to reassure investors with confidence and caution,” and “I also ask that you thoroughly strengthen monitoring of unfair practices in situations where stock prices are rapidly rising and falling.”

(Seoul = News 1)

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2024-08-07 06:13:46

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