Japan finance minister says no tax cuts for time being to counter pandemic

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Japanese Finance Minister Taro Aso said on Tuesday he was not considering tax cuts, including a reduction in the sales tax, for the time being as a way of easing the economic pain from the coronavirus pandemic.

“Japan’s fiscal condition is in a severe state and will likely turn more dire due to the pandemic,” Aso told parliament.

“Cutting tax isn’t something I have in mind for the time being,” Aso said, when asked by a lawmaker whether the government could cut tax as part of efforts to support an economy suffering from the fallout of the pandemic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Typical Aso

Master of tax eater.

Considering the salary conditions of non-regular workers and the problems caused by the decrease in the income of self-employed workers, it is also necessary to respond temporarily to the reduction of consumption tax.

He is a real monster!

Dude looks like a Yakuza boss

No worries by mid 2022 many of them will be so broke they won't be paying taxes and Japan will look more like a nightmare than a nation.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan to extend foreign investment controls to Avigan suppliers: YomiuriThe Japanese government plans to implement strict controls on foreign investment in companies involved in the coronavirus treatment Avigan, the Yomiuri newspaper reported.
Source: Reuters - 🏆 2. / 97 Read more »