On an NHK program on the 22nd, LDP Policy Research Council Chairman Onodera called on the Democratic Party for the People to “propose ways to fill the tax base gap” in a review of the “1.03 million yen annual income barrier.” In response to the Democratic Party for the People’s demand to raise the income tax exemption limit to 1.78 million yen, he said that if the limit were raised, “there would be a huge budget deficit of 7 to 8 trillion yen, so I would like them to propose how to fill the gap.” For details, see the source Yomiuri 2024/12/22 (Sun) 12:39 Previous thread.
>>1 I believe this person said something along the lines of, “60% of people in Japan don’t pay income tax, and the LDP is implementing policies for them, so they won’t do anything in particular for the working generation.”
>>1 Just say something, even if it’s just issuing government bonds. They probably won’t say anything because it would split their supporters when it comes to funding, but the media and public opinion are starting to say it’s cowardly to apply pressure without showing anything.
Tamaki has said that the ruling party should think about how to deal with the reduced revenue, and has not proposed any concrete measures. Just like a former finance bureaucrat, give a blunt response!
>>1 “I’m willing to accept a decline in local government services if it means I can increase my take-home pay,” says more than 50% in opinion poll. Raising the “1.03 million yen annual income barrier” reduces tax revenues, 3 stars.
It is estimated that demand will increase by up to 9.6 trillion yen and the total labor force will increase by 2.1%. Well, it’s hard to find a reason not to do it.
It’s already too much hassle. Let’s raise the consumption tax to 30%, eliminate tobacco tax and NHK fees, and just cover it with a 30% consumption tax.
Why are you talking like that about financial resources when you’ve been stagnating Japan for 30 years with nothing but contradictory policies to secure vested interests? You can say that after you’ve abolished the special accounts.
The enemy of the people: “Don’t get too cocky, Democratic Party for the People.” The people: “In that case, I’ll vote for the Democratic Party for the People.”
If the tax rate is raised to 1.78 million yen, household income will increase, people will buy more things and increase consumption, which will lead to increased tax revenues such as consumption tax, and this will be more than enough to cover expenses. The ruling party and the Ministry of Finance are so incompetent, they can’t even understand such simple things and can only do desk calculations lol.
Under inflation, debt decreases in value. So it’s better to have mild inflation. To have mild inflation, it’s better to increase demand. To increase demand, it’s better to cut taxes. To cut taxes, it’s better to cut wasteful expenses. The first thing the LDP should do is cut expenses. Not increase taxes.
>>46 Even though his supporters are coming up with concrete proposals like this, Tamaki is silent. The representative is more dishonest than his supporters.
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