Japan Press Weekly

Shift to ability-to-pay taxation and cuts in wasteful spending will generate tax revenues of 19 trillion yen

The JCP has argued that it is possible to increase tax revenues by 19 trillion yen through cuts in wasteful expenditures and putting an end to preferential tax measures for large corporations and the ultrarich.

44% of workers would enjoy pay hikes with \10-trillion revenues from internal reserve tax

JCP is proposing that a 2% tax be levied for a limited duration of five years on large corporations' internal reserves. This temporary tax imposition will amount to an additional ten trillion yen in tax revenues necessary to increase workers' wages.

Consumption tax collects revenues of \476 trillion while high income and corporate tax revenues drop by \613 trillion

Tax revenues from the consumption tax increased and from the income and corporate taxes decreased. It looks as if the former tax rate was increased in order to cover the loss of revenues associated with the lowering of the latter tax rates.

Consumption tax collects revenues of \476 trillion while high income and corporate tax revenues drop by \613 trillion

44% of workers would enjoy pay hikes with \10-trillion revenues from internal reserve tax

Shift to ability-to-pay taxation and cuts in wasteful spending will generate tax revenues of 19 trillion yen

Minimum hourly wage of \1,500 is key to overall higher wages

Shii: PM Kishida's remarks at NATO summit will intensify tensions in East Asia

90% of US military-related crimes not prosecuted last year

 Improvement in public housing policy is imperative to end 'housing poverty'

Number of farmers in Japan down by half in 20 years, endangering nation’s food production

 Japan's self-sufficiency rate in energy is only 10%, expansion of renewables is a must

LDP booklet: Homosexuality is either mental illness or addiction

Kasai reports on 1st meeting of State Parties to TPNW

25 years after Hong Kong handover, China should end crackdown on human rights

JCP Vice Chair Ogata talks with Cuban ambassador