The Liberal Democratic Party, Komeito, and Democratic Party for the People agreed on the 11th to abolish the provisional gasoline tax rate that has been added to the tax rate, adding 25.1 yen per liter, originally intended to raise funds for roads. The provisional tax rate was originally introduced in 1974 to address the lack of financial resources for road construction nationwide, and currently, an additional provisional tax rate of 25.1 yen is levied per liter of gasoline on top of the regular gasoline tax of 28.7 yen. Gasoline tax is a general term for “gasoline tax and local gasoline tax,” and was set at 28.7 yen per liter in 1949. In 1974, the administration of then-president Kakuei Tanaka introduced a provisional tax rate to address a lack of funds for road construction. The tax was raised twice after two oil shocks, and 25.1 yen was added from 1954 onwards. For details, see source 2024/12/11 19:36 Previous thread.
As for the person in charge, Moriyama will be resigning after the supplementary budget, so the proposal will be discarded. Serves you right lol The LDP wins!
This is a really stupid story. They didn’t even discuss the source of the 7 trillion yen in subsidies. It’s become clear that it would have been much better to just cut taxes.
In exchange for this, they’ll probably institute new taxes like an “environmental tax” or a “mileage tax.” I don’t think the Ministry of Finance, which has oppressed cars by stealing automobile liability insurance and turning road-specific revenue sources into general revenue sources, will easily agree to abolishing it.
Road construction in urban areas is still not keeping up, and major roads are congested, which means that in many places cars have to use residential areas as shortcuts to get in. The outer ring road between the Kanetsu and Tomei Expressways still has a long way to go. Spend more money on road construction.
>>33 The gasoline tax, especially the provisional tax rate, was started because there wasn’t enough money to build roads, but in the confusion it was turned into a general revenue source and has been taken away from roads, so that argument is unreasonable.
As expected, Miyazawa has started complaining. We should just fire the chairman of the Tax Commission, who is covered in vested interests and does whatever the Ministry of Finance tells him to do.
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