Topic

tax reform

2 articles

Survey: 71.7% of Japanese Worried Tax Cuts Will Worsen Public Finances

A Kyodo News survey released on August 20 found that 71.7% of Japanese respondents are concerned that tax cuts will worsen the country's public finances. The findings highlight public worry over fiscal sustainability as the government debates relief measures amid high living costs and record debt.

Aug 23, 2026

Economy

Japan PM Takaichi: Talks to Cut Food Consumption Tax to 1% Progressing

Japanese Prime Minister Takaichi announced on June 16 that negotiations to cut the consumption tax on food to 1% are progressing. The policy aims to ease living costs and stimulate domestic consumption. Implementation details are still under discussion.

Jun 17, 2026