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Japan Party Leaders Spar Over Consumption Tax and Policy Ahead of Snap Election

  • Party leaders debated consumption tax, diplomacy, and Prime Minister Takaichi’s decision to call a snap election.
  • Takaichi proposed a two-year exemption of food from consumption tax but did not specify funding details.
  • Opposition leader Noda promised zero consumption tax on food by fall, funded by a government-backed fund, not new debt.
  • The debate highlighted concerns over funding tax relief and Japan’s fiscal health amid rising living costs.
  • The election pits the LDP and its new coalition against a newly formed opposition alliance, with both sides pledging food tax relief.

Source: azertag.az

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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