Printer Friendly

Lower sales tax rate for necessities worth considering: DPJ's Maehara.

TOKYO, May 13 Kyodo

The Democratic Party of Japan's policy chief Seiji Maehara said Sunday that a lower sales tax rate for daily necessities is worth discussing in the Diet, where deliberations began two days earlier on bills related to the ruling party's sales tax reform.

His remark comes as a lower rate for daily necessities, proposed by some lawmakers of the main opposition Liberal Democratic Party and its ally the New Komeito party, may become one of the key issues for the ruling and opposition parties in finding common ground in Diet deliberations.

As the Diet deliberates on the DPJ's social security and tax reform plan including doubling the sales tax in steps to 10 percent by October 2015, applying a lower tax rate to food and other necessities ''is a subject that should be dealt with flexibly and is worth considering,'' Maehara said in a TV program.

The chief of the LDP's tax system research commission Takeshi Noda said in a separate TV program that the opposition party may present part of its counter proposal for social security and tax reform by the end of May.
COPYRIGHT 2012 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Japan Policy & Politics
Date:May 14, 2012
Words:188
Previous Article:Kyodo news summary -2-.
Next Article:UPDATE3: 3 E. Asian powers avoid mentioning N. Korea in joint declaration.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |