Lee Hyoung-il, nominee for Deputy Prime Minister for Economic Affairs and Minister of Finance and Economy, said on the 13th that the government is not reviewing a reduction in corporate tax rates. In materials submitted to the National Assembly before his confirmation hearing on the 15th, he said the reduced corporate tax rate reinstated this year remains in effect. He urged caution over regionally differentiated corporate tax rates and expanded investment and employment tax credits, citing tax equity and fiscal-policy concerns. On the highest inheritance tax rate, he said further discussion was needed to gather views across society and build public consensus. Lee attributed recent real estate-market overheating to excessive demand and a persistent housing-supply shortage since 2022. He said accumulated shortages continued to lift capital-region prices and that the September 7 supply measures would take time to produce actual move-in volumes. He declined to classify owners of reconstructed housing who do not reside there as speculative buyers solely on that basis, while saying additional unavoidable non-residence reasons raised during the legislative notice period would be reviewed when enforcement decrees are revised. On the recently controversial single-stock leveraged ETF (an exchange-traded fund designed to magnify a stock's moves), he said he would respect the National Assembly's judgment on whether a parliamentary probe was necessary. He called the system's original aims, including addressing asymmetrical regulation between domestic and foreign ETFs, meaningful, but acknowledged that its launch coincided with heightened market volatility and amplified market conditions. He said a capital gains tax, including the financial investment income tax, should be considered only after markets have stabilized sufficiently.