Japan ruling party leaves decision on tax cut proposal to policy chief

TOKYO (Kyodo) -- Japan's ruling Liberal Democratic Party on Monday decided to leave the decision on a proposal to cut the consumption tax on food to i

PoliticsProponents stress need to follow through on campaign pledge, but fiscal doubts remainAs food prices rise, Japan's Liberal Democratic Party plans to provide temporary relief with a consumption tax cut. © KyodoDAISHI CHIBA and SATOSHI TEZUKAAugust 4, 2026 05:43 JSTTOKYO -- The Japanese government's proposal to lo

Japan’s ruling Liberal Democratic Party is set to push forward with its plan to suspend the sales tax on food items, despite a former prime minister and other officials expressing opposition out of concern over how the tax cut will be funded.

Lawmakers from Japan’s ruling Liberal Democratic Party (LDP) have launched a group aimed at promoting the rapidly growing trading card industry, seeing its potential as a globally competitive content sector. The group, consisting of some 20 lawmakers, is seeking to improve the trading card environment by setting up rul

Rep. Koh Dong-jin of the main opposition People Power Party introduced a bill Friday to exempt semiconductor research and development personnel nationwide from South Korea’s 52-hour workweek cap. The bill from Koh, a former Samsung Electronics chief executive, comes amid reports that the government and the ruling Democ

TOKYO, July 30 : Japanese Prime Minister Sanae Takaichi announced her intention to proceed with a sharp two-year cut on an 8 per cent sales tax on food items, a senior ruling party official said on Thursday, a move set to strain the country's worsening finances.In a meeting with ruling party executives, Takaichi ordere