• 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Your email address will not be published.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

  • Why Do Some Toilets Have Two Flush Buttons?
  • 130-Year-Old Butter Additive Discovered In Danish Basement Contains Bacteria From The 1890s
  • Prehistoric Humans Made Necklaces From Marine Mollusk Fossils 20,000 Years Ago
  • Zond 5: In 1968 Two Soviet Steppe Tortoises Beat Humans To Orbiting Around The Moon
  • Why Cats Adapted This Defense Mechanism From Snakes
  • Mother Orca Seen Carrying Dead Calf Once Again On Washington Coast
  • A Busy Spider Season Is Brewing: Why This Fall Could See A Boom Of Arachnid Activity
  • What Alternatives Are There To The Big Bang Model?
  • Magnetic Flip Seen Around First Photographed Black Hole Pushes “Models To The Limit”
  • Something Out Of Nothing: New Approach Mimics Matter Creation Using Superfluid Helium
  • Surströmming: Why Sweden’s Stinky Fermented Fish Smells So Bad (But People Still Eat It)
  • First-Ever Recording Of Black Hole Recoil Captured During Merger – And You Can Listen To It
  • The Moon Is Moving Away From Earth At A Rate Of About 3.8 Centimeters Per Year. Will It Ever Drift Apart?
  • As Solar Storm Hits Earth NASA Finds “The Sun Is Slowly Waking Up”
  • Plate Tectonics And CO2 On Planets Suggest Alien Civilizations “Are Probably Pretty Rare”
  • How To Watch The “Awkward” Partial Solar Eclipse This Weekend
  • World’s Oldest Pots: 20,000-Year-Old Vessels May Have Been Used For Cooking Clams Or Brewing Beer
  • “The Body Is Slowly And Continuously Heated”: 14,000-Year-Old Smoked Mummies Are World’s Oldest
  • Pizza Slices, Polaroid Pictures, And Over 300 Hats: What’s Left Behind In Yellowstone’s Hydrothermal Areas?
  • The Mathematical Paradox That Lets You Create Something From Nothing
  • 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