LDP revolt grows in Japan over Takaichi plan to cut food tax to 1%
A plan by Japanese Prime Minister Sanae Takaichi to cut the consumption tax on food to 1% is facing growing opposition within her own Liberal Democratic Party. Lawmakers say they are concerned about the plan's impact on the budget balance.
A proposal by Japanese Prime Minister Sanae Takaichi to cut the consumption tax on food to 1% has run into growing opposition within her own Liberal Democratic Party.
Party lawmakers say they are worried about the plan's long-term impact on public finances. Some argue the tax cut could create a revenue shortfall that would be difficult to offset.
The Takaichi government has presented the move as an effort to ease the burden on households facing a high cost of living. But the internal party split could make passage through parliament more difficult.
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