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Lowering consumption taxes to counter the excessive use of tariffs and resulting inflation? I like it.
16h
Lisa Lin Doh
Prime Minister Sanae Takaichi has acknowledged without endorsing a ruling and opposition party conference chair's proposal to lower the consumption tax rate on food to 1% beginning next April and to offer cash payments.
16h
Takaichi acknowledges proposed cut of consumption tax on food to 1%
The plan has divided party members and raised concerns about its impact on financial markets.
ebx.sh
The Japan Times