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Mr. Nishimura Mentions 1% Tax Rate Plan Consumption Tax Cuts “Can Be Done Quickly” (Kyodo News)
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Chairman Nishimura Yasutoshi of the Liberal Democratic Party was elected on the 31st at the prefectural union conference held in Otsu City, Shiga Prefecture, and mentioned the 1% tax rate plan that is dominant within the government over zero consumption tax on food and drink for 2 years set up in the previous House of Representatives election. “If [the tax rate] were to zero, it would take about 1 year to be compatible with the system, and hypot…
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