People Power Party lawmaker Park Soo-young on the 19th said, "The tax reform plan released on the 3rd is the worst ever, not only for real estate issues but also for dashing young people's hopes," and criticized, "The Lee Jae-myung administration's tax reform plan seeks to strip away every hope for young people, including housing, marriage, childbirth, and asset building."
Park strongly criticized the tax reform plan in a statement released jointly with Min Dong-hwan, co-representative of Youth Action for Pension Reform, Cho Hyun-ho, co-representative of Youth Action for Labor Reform, and young researchers Jung Dae-gyo, Sung Ye-sol, and Jang Mi.
Park said, "With a 'tax code of hate' that seeks to impose punitive taxes even on single-home owners, the freedom to move residence has vanished, and young people are becoming the biggest victims due to a chain of side effects such as tax pass-through and the disappearance of jeonse and monthly rentals," adding, "The Lee Jae-myung administration is trying to drop a 'tax bomb' on young people's paths to marriage, childbirth, childcare, buying a home, and even their commutes."
He went on, "Because of the Lee Jae-myung administration's high exchange rate and high inflation, a new buzzword has even appeared: 'friend-flation (Friend-flation),' meaning it's burdensome to meet friends," and noted, "Young workers have declined for 45 consecutive months, and the unemployment rate is the worst in 5 years and 6 months since January 2021."
Park said, "The surge in national debt only increases the burden on young people. The Lee Jae-myung administration's giveaway-style populism, which tries to use taxpayers' money like petty cash, is making young people's future even bleaker," and urged, "Listen to the desperate voices of young people and fully withdraw the 'tax bomb' tax reform plan that breaks the ladder for youth."