Na Kyung-won to Target Yong Hye-in, 'Parasitic Income Prevention Act' to be Created

Na Kyung-won of the People Power Party is holding a press conference at the National Assembly Communication Center in Yeouido, Seoul, on the 30th of last month regarding the employment of Lee Chan-jin, Governor of the Financial Supervisory Service's son, at Mirae Asset Management. News1 [Financial News] Rep. Na Kyung-won of the People Power Party is proposing the Parasitic Income Prevention Act, targeting Yong Hye-in, the nominee for Minister of Gender Equality and Family Affairs from the Basic Income Party, who entered the National Assembly through the Democratic Party of Korea's proportional representation satellite party.
Representative Na emphasized the need to overhaul the system, stating, "The semi-linked proportional representation system is distorting representative democracy as well as causing losses to the national treasury. " On the 1st, Representative Na announced that she plans to propose an amendment to the Political Funds Act that would exclude a political party from receiving state subsidies if the candidate is elected as a proportional representative for another party rather than for their own independent party, and then returns to their original party through measures such as expulsion.
This amendment, which Representative Na has dubbed the "Parasitic Income Prevention Act," focuses on blocking a structure where parties secure proportional representation seats through satellite parties and then return to their original parties to receive state subsidies. 5% of the vote in the recent local elections.
1 billion won annually. Rep.
Na believes that this structure effectively results in the provision of state subsidies to the behavior of entering the National Assembly through satellite parties under the semi-proportional representation system and then returning to their original parties. In particular, this amendment is strongly characterized as a direct target of Candidate Yong, who originated from the Democratic Party's proportional representation satellite party.
Rep. Na criticized, stating, "The issues of the semi-proportional representation system and satellite parties are going beyond mere electoral system controversies and leading to losses in the national treasury," adding that it is "distorting representative democracy.
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[email protected] Kim Kyung-min Reporter