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Kishida s tax cut plan triggers anger among LDP members | The Asahi Shimbun: Breaking News, Japan News and Analysis

Many lawmakers from the ruling Liberal Democratic Party are rebelling against Prime Minister Fumio Kishida’s sudden directive to work out a tax cut as part of a new economic package.

Kishida says tax hike and tax cut policies don t contradict

“An (income tax cut) is a temporary measure until wages increase to a level that can cover rising prices, the prime minister said.

Kishida: No tax increase in 2024 to pay for hike in defense spending | The Asahi Shimbun: Breaking News, Japan News and Analysis

Prime Minister Fumio Kishida categorically ruled out raising taxes next year to pay for a massive increase in defense spending, alluding to unfavorable economic conditions that have left many households struggling.

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