Kishida Orders Talks on Allowing Gasoline Tax Cut
15:35 JST, November 23, 2023
TOKYO (Jiji Press) — Prime Minister Fumio Kishida on Wednesday ordered his ruling Liberal Democratic Party to hold talks with two other parties on the possibility of a temporary cut in gasoline tax.
Kishida instructed LDP policy chief Koichi Hagiuda to hold talks with his counterparts from Komeito, the LDP’s coalition partner, and the opposition Democratic Party for the People on the possibility of lifting the freeze on the so-called trigger clause to enable the tax cut.
The instruction came after DPFP leader Yuichiro Tamaki demanded the lifting of the freeze at a parliamentary meeting earlier on Wednesday. Tamaki sought to remove the freeze after subsidies aimed at curbing prices for oil for fuel expire at the end of April next year.
In response, Kishida said that the ruling coalition and the DPFP will consider the possibility of lifting the freeze.
Hagiuda told reporters after receiving the instruction from Kishida that he is willing to consider a wide range of options that can replace the subsidies.
Some government and ruling coalition officials remain cautious about removing the freeze on the trigger clause. The three parties failed to reach agreement on the matter when they previously discussed it in March last year.
"Politics" POPULAR ARTICLE
-
Japan PM Ishiba Says Corporate, Group Donations ‘Not Inappropriate’; Interpellations Start at Lower House
-
Japan’s LDP Proposes Third-Party Panel to Monitor Use of Political Funds; Draft Does Not Mention Banning Corporate Donations
-
Japan to Support Its Companies Expanding into Africa; Creating Initiative to Act as Bridge with Local Start-ups
-
Tourists’ Consumption Tax Exemption To Take New Form; Refunds When Departing To Replace Waivers When Buying
-
Japan, Italy, U.K. Launch Body To Manage Next-Generation Jet Project; U.K.-Headquartered Body Has Japanese Chief Executive
JN ACCESS RANKING
- Japan’s Kansai Economic Delegation Meets China Vice Premier, Confirm Cooperation; China Called to Expand Domestic Demand
- Yomiuri Stock Index to Launch in March; 333 Companies to be Equally Weighted
- China to Test Mine for Rare Metals Off Japan Island; Japan Lagging in Technologies Needed for Extraction
- Miho Nakayama, Japanese Actress and Singer, Found Dead at Her Tokyo Residence; She was 54 (UPDATE 1)
- Risk of Nuclear Weapons Being Used Greater Than Ever; Support Growing in Russia As Ukraine War Continues