Rep. Jung Hee-yong, secretary-general of the main opposition People Power Party, speaks during a floor meeting at the National Assembly, Seoul, July 24. Yonhap
The main opposition People Power Party (PPP) on Tuesday blasted the government's proposed tax code revisions, accusing the Lee Jae Myung administration of placing more burden on homeowners with higher property taxes.
The criticism came a day after the finance ministry announced a new set of tax code revisions aimed at imposing a heavier tax burden on owners of high-end homes and homeowners who do not reside in their properties.
"Despite being called a 'revision,' the proposal is full of irresponsible measures that seek to pick the pockets of citizens to make up for the lack of budget and neglect people's livelihoods," Rep. Jung Hee-yong, the party's secretary-general, said in a Facebook post.
PPP floor leader Jeong Jeom-sig stepped up his criticism of Lee, accusing him of reversing the stance he had as a presidential candidate against using taxes to curb housing prices.
