Oh Se-Hoon: “Special Tax Credit, Citizens’ Assets Are vanishing... Jeong Won-Oh Remains Silent”

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On the 21st, Seoul Mayor Oh Se-hoon criticized President Lee Jae-myung’s proposal to abolish the Special Long-Term Capital Gains Tax (LTCC), stating, “If more than half of Seoul citizens move, their assets will vanish.” He also directed his criticism at Democratic Party candidate for Seoul Mayor Jung Won-oh, remarking, “At this point, the Seoul mayoral candidate should be stating his position, but he remains silent.” The LTCC is a system that re…