Thousands Rally Against Tax Hikes

  • By Park Sang-hyun

    July 27, 2020 13:45

    Anti-government sentiment is mounting both online and offline due to dissatisfaction over the government's draconian policies to tame the real-estate market.

    On Saturday, some 1,500 people by the typically conservative police estimate gathered in downtown Seoul, throwing shoes and chanting slogans such as "Protect the property of citizens!" or "We refuse to pay punitive taxes!"

    The protesters were mobilized online and gathered to hold a candle-light demonstration against the Moon Jae-in administration's crackdown on soaring apartment prices by punitively taxing multiple-home owners and sales.

    People rally against the government's real-estate policies in Seoul on July 25.

    A similar protest was also held on July 18, drawing some 700 people by police estimates. But organizers claim some 1,000 gathered at the time and the number increased to 5,000 in Saturday's rally.

    One married couple in their 30s who attended the rally said, "We came out here because we felt the government's policies violate our property rights as guaranteed by the Constitution." The couple added, "We bought an apartment that is currently on lease to someone else to move in later, but the government toughened loan requirements so much that we won't be able to move in there" because they can't pay off the lessee.

    Criticism is mounting on the Internet as well. The Cheong Wa Dae website is being plastered with criticism of the real estate and taxation policies.

    • Copyright © Chosunilbo &
    Previous Next
    All Headlines Back to Top