The People's Power repeatedly insisted on abolishing the tax system, highlighting the side effects of financial investment income tax in the parliamentary inspection of the National Policy Committee conducted on the Financial Services Commission.
Lawmakers in the ruling party said implementing a gold-fighting tax would lead to a rapid exodus of investment funds and plunge of the domestic stock market, adding that the majority Democratic Party should quickly set its policy to eliminate uncertainty in the stock market.
On the other hand, opposition parties, including the Democratic Party, focused on highlighting the allegations that Kim Gun-hee was involved in Deutsche Motors' manipulation, saying that stock price manipulation is the main culprit behind the undervaluation of the domestic stock market.
Opposition lawmakers also asked the Financial Services Commission to submit a transaction hearing report, pointing out that Kim's stock trading record is unclear based on data released in the related case trial.
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