The Democratic Party of Korea has recently allowed its leadership to make the final decision on whether to delay the implementation of the financial investment income tax, set to be enforced on January 1. This move comes amidst pressure from the ruling People Power Party to either abolish or postpone the tax scheme for the benefit of retail investors. The tax, passed in 2020 by the opposition-led Assembly, has faced delays due to opposition from conservative groups and retail investors, with conflicting views among lawmakers regarding its adoption. Democratic Party Floor Spokesperson Rep. Noh Jong-myun mentioned that while some lawmakers opposed delegating the decision to the leadership, the majority agreed to do so. Democratic Party Chair Rep. Lee Jae-myung has shown inclination towards postponing the tax scheme's introduction, citing the need for a temporary delay to prevent a decline in tax revenues as the stock transaction tax is expected to be further reduced in the coming years. The debate on the financial investment income tax has divided opinions within the Democratic Party, with concerns raised about its impact on retail investors and suggestions for its abolition.