Regarding securing the funds to eliminate the “1.03 million yen barrier,” the Democratic Party for the People said, “If it costs 7 trillion yen, it is the responsibility of the government and ruling party to cut that 7 trillion yen from somewhere.”
On the 8th, the Democratic Party for the People began policy discussions with the Liberal Democratic Party and the Komeito Party to realize policies such as eliminating the “1.03 million yen barrier,” which would see income tax levied on annual incomes exceeding 1.03 million yen. While pushing his own policies to the forefront, he is taking an aggressive stance in the negotiations, pushing the issue of funding onto the ruling party. He made great strides in the House of Representatives election by advocating a policy of “increasing take-home pay,” but if he is unable to achieve this, he is at risk of rapidly losing support from voters. “We will discuss the issue from the perspective of the tax-paying people, not from the perspective of the government offices that spend the collected taxes,” said Kazuya Shiba, secretary-general of the Democratic Party for the People, in a press conference on the 8th, enthusiastically discussing policy with the LDP and Komeito. Going forward, the Democratic Party for the People and the LDP/Komeito will continue their discussions on the supplementary budget and the tax system separately. Regarding the disaster prevention measures in the supplementary budget requested by the Democratic Party for the People, the LDP responded by saying, “We will give it careful consideration as we finalize the supplementary budget,” and Komeito also reportedly responded positively to the response. The main issue at stake is taxation. The Democratic Party for the People is calling for the tax-free limit, consisting of the basic deduction and salary income deduction, to be raised from the current 1.03 million yen to 1.78 million yen. The government estimates that if the tax rate is raised, national and local revenues will decrease by approximately 7.6 trillion yen combined, and questions have been raised within the government and ruling party about the source of funds. However, Yuichiro Tamaki, leader of the Democratic Party for the People, said on the 7th about the necessary financial resources, “If it costs 7 trillion yen, it is the responsibility of the government and ruling party to cut that 7 trillion yen from somewhere. We will continue to request that the 1.03 million yen be increased to 1.78 million yen,” he said, calling on the ruling party to act. Behind this bullishness lies support from voters. The party’s number of seats quadrupled in the House of Representatives election, and the driving force behind this was its call to eliminate the “1.03 million yen barrier.” At a press conference on the 8th, Shiba reflected, “Expectations for the ‘1.03 million yen barrier’ being lifted grew steadily from the first half to the middle of the House of Representatives election.” High expectations can also lead to disappointment. A senior member of the Democratic Party for the People commented on the policy discussions, “Supporters have become ‘encouraged’ and appear to have given up once they have narrowed down the policies they are requesting. “How it’s presented is important,” he said, revealing his anguish. (Hibiki Fukatsu) *Previous thread.
>>1 Tamaki’s methods haven’t changed since the Democratic Party was in power. They promise tax cuts using non-existent financial resources (hidden funds) and deceive the people to increase their number of seats in parliament. This policy is simply an unrealistic one, and it is only fooling young people who have no experience of a Democratic Party administration.
>>1 The 1.03 million yen limit should be abolished, and married couples should be allowed to deduct the amount according to the number of children under 18. For working students aged 18 and over, an age limit could be set and a separate deduction could be set. This way, there is no need for financial resources, housewives and working students can work, which helps to alleviate labor shortages and also helps address the declining birthrate.
Irresponsible political party: “I’ll take credit for the plan I decided on, but you guys are the ones who decide on the budget and take responsibility!” What is this? What are these people thinking?
From the previous thread 407 Anonymous Donburako 2024/11/09 (Sat) 10:46:21.45 id:ltqq/u1r0 SDGs-related budget: 6.3 trillion yen Gender equality budget: 9.6 trillion yen Children and Families Agency: 4 trillion yen.
The followers of Zaim Shinrikyo should realize that Japan is the only country with low growth as a result of following the Ministry of Finance’s orders and prioritizing a balanced budget. Did the emergency injection of COVID-19 subsidies cause inflation?
The Ministry of Health, Labour and Welfare is trying to get housewives who are earning pocket money to enroll in social insurance, so it’s a stupid idea that their take-home pay will essentially go down.
So they’re saying they have to cut somewhere, and that the source of funds should come from issuing government bonds, but they’ve given in to the Ministry of Finance, haven’t they?
Property taxes only go to municipalities. If you increase income deductions such as the basic deduction, it will create a hole in the resident tax and income tax, so please think about that properly. I think it’s a chicken and egg story. Maybe they’ll talk about increasing the consumption tax first, and then increase income deductions instead.
For you unemployed, shut-in NEETs, your working dad’s take-home pay will increase and your mom’s part-time income will also increase. It doesn’t matter to you unemployed parasites who are living off your pensioned parents, though.
Tamaki is talking about refining the budget if there is a shortfall, but the 7 trillion is what the Ministry of Finance and the government are talking about, and if the ruling party needs to somehow come up with 7 trillion to do this, then it’s only natural that the ruling party should be the one to think about it.
Tamaki’s argument is this: The Democratic Party for the People has already provided 7 trillion yen in funding. (The annual budget surplus, the annual increase in tax revenue, the special foreign exchange account as a one-time fund, etc.) If they ignore the financial resources we have indicated and cut from elsewhere, then it is the ruling party’s fault.
If we were to abolish the Digital Agency, which has done nothing for gender equality and the Children and Families Agency, we could probably save tens of trillions of yen.
>>37 I wonder how much they spent on integrating the My Number Card with the insurance card and driver’s license. I think it would have been better if they hadn’t done it.
Close up Gendai 20230718ak (19:30) Cutting on food costs leads to “undernutrition”!? How to protect your health in the “age of price hikes” Gaia no Yoake 20230519tx (22:00) [Things saved on in the household budget] (Sony Sonpo survey) 1st place: food, 2nd place: daily necessities, 3rd place: eating out 20230118 Oshita Yoko Wide! US Scramble EX (am11:42) The average height of Japanese people has not grown for 30 years -Shrunken by 0.1 cm.
There are some people who are abnormally averse to raising the consumption tax, and who think that printing money will solve the problem, like a fanatical cult.
First, they need to determine how much money will go to LDP politicians and their supporters, before they can decide how much of the budget is available to low-income Japanese people.
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