• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Japan’s new PM Kishida flags chance of tweaking financial income tax

October 4, 2021 by David Barret Leave a Comment

October 4, 2021

By Leika Kihara

TOKYO (Reuters) – Japan’s new Prime Minister Fumio Kishida said on Monday that tweaking the country’s financial income tax rate will be among options in addressing income disparity.

In his first news conference as prime minister, Kishida also said he will consider offering cash payouts to households hit hardest by the coronavirus pandemic.

“I’ve flagged a tweak to Japan’s financial income tax as one option. But that’s not the only option. We could also take steps like offering tax breaks to companies that boost wages,” Kishida said.

Kishida said he wants to pursue policies that achieve “a new type of capitalism” that distributes more wealth to households and addresses Japan’s widening income gap.

Some academics have called for raising Japan’s financial income tax – levied on investment income – from the current 20% to raise more from the rich and fund steps to aid low-income households.

Kishida also said he would create a permanent panel to come up with steps to boost economic growth in a post-pandemic world.

(Reporting by Leika Kihara; Editing by Kirsten Donovan and Alex Richardson)

Source Link Japan’s new PM Kishida flags chance of tweaking financial income tax

David Barret
David Barret

Related posts:

  1. Singapore PM wins more defamation suits against bloggers
  2. Soccer – England cruise to 4-0 win in Hungary
  3. 5 things you need to win your first customer
  4. Dollar at 2021 highs even as U.S. government shutdown looms

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Hayabusa2’s Target Asteroid Is 4 Times Smaller Than Thought – Can It Still Touch Down On It?
  • In 2011, Slavc The Wolf Journeyed 1,000 Miles To Begin Verona’s First Wolf Pack In 100 Years
  • Anyone Know What These Marine “Y-Larvae” Grow Into? Because Scientists Have No Clue
  • C/2025 A6 (Lemmon) Closest Earth Approach Is Next Month – Will We See It With The Naked Eye?
  • In 2013, A Volcanic Eruption Wiped Out Life On This Remote Island. Then, Somehow, Plants Reemerged
  • 1-Year-Old Orca Takes Out A Big Fat Seal In This Award-Winning – And Extremely Badass – Photo
  • Saturn And Neptune Will Reach Their Brightest In Days – And Look For Saturn’s Temporary Beauty Spot
  • Reindeer Bring A Gift Greater Than Any Of Santa’s – Hope Of A Stable Climate
  • If Deep-Sea Pressure Can Crush A Human Body, How Do Deep-Sea Creatures Not Implode?
  • Meet Ned: The Lonely Lefty Snail Looking For Love
  • “America Will Lead The Next Giant Leap”: NASA Announces New Milestone In Hunt For Exoplanets
  • What Did Neanderthals Sound Like?
  • One Star System Could Soon Dazzle Us Twice With Nova And Supernova Explosions
  • Unethical Experiments: When Scientists Really Should Have Stopped What They Were Doing Immediately
  • The First Humans Were Hunted By Leopards And Weren’t The Apex Predators We Thought They Were
  • Earth’s Passage Through The Galaxy Might Be Written In Its Rocks
  • What Is An Einstein Cross – And Why Is The Latest One Such A Unique Find?
  • If We Found Life On Mars, What Would That Mean For The Fermi Paradox And The Great Filter?
  • The Longest Living Mammals Are Giants That Live Up To 200 Years In The Icy Arctic
  • Entirely New Virus Detected In Bat Urine, And It’s Only The 4th Of Its Kind Ever Isolated
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version