A digital sign at a Hana Bank trading room in Seoul displayed that the Korea Composite Stock Price Index closed at 2,731.90 on Friday, marking a 0.78 percent increase with a gain of 21.25 points. According to industry data, retail investors contributed 4.57 trillion won ($3.29 billion) in stock transaction tax last year, representing 75 percent of the total amount. The Korea Securities Depository reported that the government collected approximately 6.06 trillion won in stock transaction tax in 2021, with foreign investors contributing nearly 1 trillion won to this total. The government's plan to eliminate the capital gains tax on financial investments and reduce the tax on stock transactions to 0.15 percent by 2025 has faced opposition from the main opposition Democratic Party. They argue that the proposed tax cuts, including inheritance tax, could result in a further decline in tax revenue under the Yoon Suk Yeol government. This debate comes amidst efforts to reform the tax system and its potential impact on government finances.