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Kim Min-seok: "Must Broadly Recognize Inevitable Non-Residence Reasons for Single-Home Owners and Eliminate Blind Spots"

Ha Jeongyeon

Published : Aug 23, 2026 11:45 AM


▲ Prime Minister Han Sung-sook (front row, left), Democratic Party leader Kim Min-seok, and Chief of Staff to the President Kang Hoon-sik move to take a commemorative photo during a high-level party-government consultative meeting held at the Prime Minister's official residence in Samcheong-dong, Jongno-gu, Seoul, on the 23rd.

Democratic Party leader Kim Min-seok stated today (the 23rd) regarding the government's tax reform plan, "For single-home owners who are non-residents, various and inevitable reasons for non-residence in reality must be broadly recognized to eliminate blind spots."

Speaking at a high-level party-government consultative meeting held at the Prime Minister's official residence in Samcheong-dong, Seoul, on this day, Kim said, "While I fundamentally agree with the stance of expanding real estate supply and the direction of the tax reform, I would like to offer a few complementary opinions."

Kim stated, "Regarding the tax reform plan to adjust the basic comprehensive real estate holding tax deduction for single-home non-residents from 1.2 billion won to 900 million won and increase the tax burden ceiling to 200%, in-depth deliberation is necessary."

(Photo: Yonhap News)