Lower sales tax rate for necessities worth considering: DPJ's Maehara.
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.
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|Publication:||Japan Policy & Politics|
|Date:||May 14, 2012|
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