2025-05-10 20:52:00
Regarding the treatment of the consumption tax, Communist Party Chairman Shii told reporters at the party headquarters that he believes the tax rate should be urgently lowered to a uniform 5% with a view to eventually abolishing it, and that the "invoice system," which aims to accurately grasp the amount of tax paid, should also be abolished.
2025-05-10 18:07:00
As prices continue to rise, Communist Party Chairman Shii expressed the view that further wage increases and improvements to working conditions are necessary, saying that even when companies are making profits, the profits are not being distributed appropriately to workers.
2025-05-10 17:45:00
Regarding rice prices, LDP Policy Research Council Chairman Onodera gave a speech in Fukui City, saying that the continued rise in rice prices even after the release of stockpiled rice is due to problems with the system in areas such as bidding and distribution, and indicated that the party will consider countermeasures from next week onwards.
2025-05-10 17:05:00
Regarding measures to combat high prices, Constitutional Democratic Party leader Noda expressed his intention to work with other opposition parties to pass a bill in the current Diet session to abolish the provisional gasoline tax rate from July of this year in order to lower gasoline prices.
2025-05-10 15:42:00
Regarding the handling of the consumption tax, Democratic Party for the People leader Tamaki expressed the view that if the tax rate is to be lowered as a short-term economic measure, it should be done by issuing government bonds.
2025-05-10 11:39:00
Regarding the upcoming House of Councillors election in summer, the Party plans to field candidates in all 45 electoral districts, aiming to win a total of six seats through electoral districts and proportional representation.
2025-05-10 05:38:00
Regarding the US tariff measures, the Japanese government plans to analyze the contents of the agreement between the US and the UK and use it in the next negotiations. With regard to automobiles, while some have suggested that this is a sign of Japan's position that it will only lower tariffs to 10%, the government plans to continue to strongly request the elimination of the measures, as it is unable to make concessions on key industries.
2025-05-10 05:25:00
The LDP is set to begin an internal study session next week on how to handle the consumption tax, but there are strong, cautious opinions, especially among the executive, about lowering the tax rate. Meanwhile, among the opposition parties, which are calling for a reduction, there is lively discussion about securing financial resources, and the specific design of the system is expected to become a point of contention.
