“The sales tax is a source of revenue to pay for Japan’s social welfare burden...,” Kishida told a television programme, when asked if he opposed cutting it from the current 10% rate.
The government’s decision to raise the sales tax to 10% from 8% in October last year pushed Japan’s economy into recession, even before COVID-19 hammered consumption and exports this year. A group of ruling party lawmakers have recently called on the government to consider cutting the sales tax to cushion the pandemic’s blow on households - an idea senior government officials have ruled out so far.
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The candidates to succeed the Abe administration are all 'fiscal hawks,' or in other words, pro-consumption tax hikes. This fact shows that the largest opposition party and the ruling party are servants of the bureaucracy in Japanese politics.
Sales tax hurt the middle class and poor the most. They are regressive.
Ohh he is out of candidate Only waiting PM-job that someone gives him when retirs lol
I want to see the differences in policies within the party, even if I don't have the right to vote.
Probably the last tax to cut, check out all of the others first