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Japan’s looming election heightens chance of sales tax cut

Japan’s expected snap general election is increasingly likely to lead to a cut in the consumption tax rate, as ruling and opposition party executives on Sunday stressed the need to do so to cushion the hit to households from rising living costs.

TOKYO, Jan 19 (Reuters) – Japan’s expected snap general election is increasingly likely to lead to a cut in the consumption tax rate, as ruling and opposition party executives on Sunday stressed the need to do so to cushion the hit to households from… [1553 chars]

Source: Reuters | Published: 2026-01-19T00:18:09Z

Credit: Reuters

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