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

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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.

 

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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.

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