Tag - dpp

 
 

DPP

Three political parties' secretaries-general sign a confirmation letter in Tokyo on Friday regarding the tax-free income threshold.
JAPAN / Politics
Dec 20, 2024
Ruling camp approves tax reform proposal
The ruling bloc agreed to “continue talks in good faith” with the DPP, which wants to further raise the tax-free income threshold.
The secretaries-general of the Liberal Democratic Party, Komeito and the Democratic Party for the People have agreed to start raising the minimum taxable income level next year.
JAPAN / Politics
Dec 16, 2024
DPP tax chief hints at termination of talks with Japan's ruling bloc
The DPP would have to consider axing the talks if the ruling coalition sticks to its proposal of raising the threshold to ¥1.23 million, Motohisa Furukawa said.
Commuters in Tokyo in March 2023.
JAPAN / Politics
Dec 13, 2024
Ruling bloc proposes ¥1.23 million minimum threshold for taxable income
Tax chiefs from the LDP, Komeito and DPP plan to meet again as early as Tuesday after the DPP, which seeks to raise the threshold to ¥1.78 million, opposed the proposal.
Prime Minister Shigeru Ishiba (front right) bows as the fiscal 2024 supplementary budget bill is passed in parliament on Thursday.
JAPAN / Politics
Dec 13, 2024
Ishiba makes concessions to opposition to maintain power
The prime minister's minority government has endorsed opposition policies on tax and education to win their support for a supplementary budget.
Prime Minister Shigeru Ishiba speaks to reporters on Thursday at the Prime Minister's Office in Tokyo.
JAPAN / Politics
Dec 12, 2024
Approval rate of Ishiba's Cabinet dips to 26.8%, poll shows
The Cabinet's approval rate has remained under 30% for months, including under Ishiba's predecessor, Fumio Kishida.
The Lower House Budget Committee clears the 2024 supplementary budget on Thursday.
JAPAN / Politics
Dec 12, 2024
Lower House passes ¥13.9 trillion supplementary budget
Prime Minister Shigeru Ishiba’s minority government made concessions to the opposition to secure support for the budget, which includes an economic stimulus package.
Prime Minister Shigeru Ishiba speaks in parliament on Thursday.
JAPAN
Dec 6, 2024
Ishiba raised most funds among Japanese party leaders in 2023
An LDP chief has topped the rankings list for 10 years in a row.
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks during a news conference last month.
JAPAN / Politics
Dec 5, 2024
CDP and DPP to coordinate basic policies
The CDP aims to reach an agreement on basic policies with the DPP as early as possible within this fiscal year.
Democratic Party for the People chief Yuichiro Tamaki speaks to reporters in Tokyo on Wednesday.
JAPAN / Politics
Dec 4, 2024
Tamaki suspended for three months as DPP leader following affair
An internal committee judged Tamaki’s conduct as having contravened the party’s ethics regulations and damaged its honor and trust.
Prime Minister Shigeru Ishiba delivers his policy speech at the Lower House of parliament in Tokyo on Friday.
JAPAN / Politics
Nov 29, 2024
Ishiba sticks to the basics in second policy speech
Rather than expand on his broader vision, Ishiba chose to focus on less-contentious individual policy matters.
Prime Minister Shigeru Ishiba is expected to face intensified pressure from opposition parties after his ruling coalition lost its majority in the powerful House of Representatives in an election last month.
JAPAN / Politics
Nov 28, 2024
Japan's parliament opens extraordinary session
Prime Minister Shigeru Ishiba is expected to face intensified pressure from opposition parties.
Motohisa Furukawa, Democratic Party for the People tax chief, says the Bank of Japan is unlikely to move so quickly in raising rates that the move would have a detrimental impact on public borrowing costs.
BUSINESS / Economy
Nov 28, 2024
BOJ rate hike unlikely to derail budget planning, DPP tax chief says
Democratic Party for the People tax chief Motohisa Furukawa says it is "unthinkable” that the Bank of Japan will hike rates rapidly.
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
JAPAN / Politics
Nov 27, 2024
DPP’s Tamaki leverages new position with energy proposal
Yuichiro Tamaki has been a long-time advocate of nuclear power and the reactivation of Japan’s halted nuclear power plants.
Prime Minister Shigeru Ishiba addresses a meeting at the Liberal Democratic Party headquarters on Thursday to discuss political reform.
JAPAN / Politics
Nov 25, 2024
Corporate donations remain sticky point in political reform talks
The opposition wants such donations banned but the ruling coalition maintains that a ban would curtail the political freedom of the private sector.
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
BUSINESS / Economy
Nov 22, 2024
Japan approves ¥21.9 trillion stimulus plan
Combined with expected spending from the private sector, this year’s package is estimated to add a total of ¥39 trillion to the economy.
The Cabinet of Prime Minister Shigeru Ishiba is set to approve an economic stimulus package totaling ¥21.9 trillion on Friday.
JAPAN
Nov 21, 2024
Ishiba set to announce $140 billion stimulus package
The package aims address a range of challenges from inflation to wage growth, and alleviate a cost-of-living crunch.
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
JAPAN / Politics
Nov 20, 2024
Ruling coalition and DPP strike last-minute deal over economic policy
The package will include cash handouts to lower-income households and subsidies to help families cope with rising utility bills.
Democratic Party for the People head Yuichiro Tamaki speaks to reporters in Tokyo on Nov. 8.
JAPAN / Politics
Nov 15, 2024
DPP leader clashes with governors over tax-free income limit
Prefectural governors fear that raising the ¥1.03 million limit would means less central government tax money for local services.
Democratic Party for the People chief Yuichiro Tamaki wants to the tax-free annual income ceiling raised to ¥1.78 million ($11,410).
BUSINESS / Economy
Nov 14, 2024
Japan’s key political issue rests on an enduring economic myth
Economists cast doubts on the Democratic Party for the People's push for raising the tax-free income threshold — its key demand to the ruling coalition for its support.
Prime Minister Shigeru Ishiba speaks at a meeting on political reform at the Liberal Democratic Party's headquarters in Tokyo on Tuesday.
JAPAN / Politics / FOCUS
Nov 14, 2024
Ishiba faces tightrope walk with minority government
As the opposition is seen ramping up pressure on the government, a single mistake could put the administration into jeopardy.

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