Japan plans income tax cut for households struggling with inflation

Subscribe to our YouTube channel for free here: Read more about the story: Japan’s prime minister has pledged to cut household income tax to compensate for the rising cost of living. In his speech at the start of the new parliamentary session on October 23, 2023, Fumio Kishida said his administration intends to pull the economy permanently out of stagnation. His comments came as his ruling Liberal Democratic Party suffered a fresh setback when it lost in a special election. Related story: Japan’s Kishida suffers fresh setback as ruling party loses special election Support us: Follow us on: Website: Facebook: Twitter: Instagram: Linkedin: #scmp #Asia #Japan