Kim Byeong-hwan: “The overall property tax should be reduced and the gold investment tax should be abolished. »

According to the confirmation hearing request materials submitted on the 21st by the Financial Services Committee to the National Assembly's Political Affairs Committee, candidate Kim said regarding the comprehensive real estate tax that there has been an excessive increase in tax revenue during the real estate overheating period in recent years, and that it has been collected excessively, saying, "It is necessary to ease the burden on people." overheating period.

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Regarding the tax on gold investments, which is expected to be implemented from next year, he made his opposition clear, saying: "In an environment where capital movements between countries are free, this could increase the tax burden on investors and lead to an outflow of funds from our country's capital market.

On household debt management measures, he said: "It is important to establish the lending practice of 'borrowing within the range that can be repaid' by strengthening the DSR system.

The Financial Services Commission is considering a plan to include lease loans in the DSR regulation. Nominee Kim said, "It is necessary to implement the expansion of regulations step by step so that they do not cause a sudden shock to consumers." Regarding the collateral value ratio (LTV), which is considered a representative regulation for loans with the DSR, he said it is an issue that needs to be carefully considered and he does not intend to tighten the regulation immediately.

In allowing Bitcoin cash ETFs, he only said: “It is necessary to thoroughly review the stability of the financial market, the soundness of financial companies, investor protection aspects and global trends.”