Chong Won-o, the Democratic Party of Korea candidate for Seoul mayor, said that if real estate tax measures such as the long-term holding special deduction (LTSD) and the end of the grace period for heavier capital gains taxes cause inconvenience for citizens, the city would consult with the central government. However, he did not state a specific position on reducing the LTSD or ending the grace period for heavier capital gains taxes.
Appearing on SBS's "Joo Young-jin's News Briefing" on the 12th, Chong was asked how he would handle the LTSD and the grace period for heavier capital gains taxes and said, "For something like the LTSD, the existing rights of single-homeowner households should be protected."
He added, "Excluding speculation, the idea is to protect them, and while the government is discussing tax measures, my basic view is to go in a direction that protects single-homeowner households," while also saying, "The government may act with good intentions, but there can be downsides, and my policy is to ensure citizens are not inconvenienced."
When the host asked again, "At times, does that mean you will actively voice the opinion that it should not be done?" Chong said, "The government can miss things. If citizens are inconvenienced, I will actively explain," adding, "President Lee Jae-myung actively explains, and if it is understood, he immediately turns it into policy—that's his style."
Regarding the recently disclosed ruling from an assault case 31 years ago, Chong called it a "rehash." He said, "It was already pointed out when the campaign began, and I publicly expressed myself on that part," adding, "It's the People Power Party doing a rehash."
He went on, "Regardless of the reason, I have reflected, and that has become an important standard in how I have lived until now," adding, "While reflecting, I have worked to become a better person."