Lawmakers from the Democratic Party of Korea engaged in an internal debate about whether to delay the implementation of the financial investment income tax during a recent session at the National Assembly in Seoul. The party decided to allow its leadership to make the final call on the matter, a move prompted by pressure from the ruling People Power Party to either scrap or postpone the tax, particularly for the benefit of small-scale investors. The proposed tax, which was approved under the previous liberal administration in 2020, has faced opposition from conservative factions as well as retail investor groups. The Democratic Party's decision to defer the final verdict to its leadership indicates a divergence of opinions among its members, with some favoring postponement while others advocate for the tax scheme's implementation as planned. Democratic Party Chair Lee Jae-myung hinted at leaning towards a delay during a debate in August, underscoring the complex considerations involved in the decision-making process.