HOME > NATIONAL > Article

Text Size

small

medium

large


(Update) Ishiba Reluctant to Cut Consumption Tax

(Update) Ishiba Reluctant to Cut Consumption Tax

   Tokyo, June 11 (Jiji Press)--Japanese Prime Minister Shigeru Ishiba showed reluctance to lower the consumption tax, during a parliamentary debate with leaders of opposition parties Wednesday.
   "I can't agree" to opposition demands for cutting the consumption tax, Ishiba said.
   Yoshihiko Noda, leader of the Constitutional Democratic Party of Japan, asked Ishiba for support for his party's proposal for tentatively cutting the consumption tax rate for food to zero.
   But Ishiba pointed out that consumption tax revenues serve as a financial source of social security. "I don't think we should take the important consumption tax that lightly."
   He also took a cautious stance on lowering the gasoline tax, saying that those who propose it "need to present alternative financial resources."

To read a full story, please click here to find out how to subscribe.

NATIONAL

HEADLINES

POLITICS
Japan Upper House Budget Panel Chm. Tsuruho Resigns over Noto Quake Gaffe
ECONOMY
Japan Average Retail Rice Price Stands at 3,602 Yen per 5 kg, Down for 7th Week
SPORTS
Men's Table Tennis: Japan's Harimoto Ends 2nd at Grand Smash Int'l Competitions
OTHER
Truck, Bus Collide Head-On on Tokushima Expressway; 2 Dead, 12 Injured

AFP-JIJI PRESS NEWS JOURNAL


Photos