Japan ministries seek slew of tax breaks, from bond purchases to wage hikes

PoliticsSearch for ineffective tax incentives falls short, adding to funding questionsJapan aims to encourage individuals to buy government bonds and businesses to raise employee pay through tax code changes. (Nikkei photo collage)YUKI SEKIGUCHISeptember 1, 2026 05:31 JSTTOKYO -- Japan's government ministries are seeking incentives for bond purchases and growth investment as part of fiscal 2027 tax code changes, while efforts to improve state finances by eliminating ineffective tax breaks have made little progress.