Tag - ldp

 
 

LDP

JAPAN / Politics
Dec 18, 2022
Ruling party lawmaker Kentaro Sonoura considering resigning
The Tokyo District Public Prosecutors Office is highly likely to summarily indict LDP lawmaker Kentaro Sonoura, according to sources familiar with the matter.
JAPAN / Politics / FOCUS
Dec 16, 2022
Kishida punts on tax hikes for defense amid backlash from his own party
Kishida, who had been pushing for tax increases in stages, was forced to back off from a specific timetable as opponents press for alternate funding.
BUSINESS / Economy
Dec 16, 2022
Tax reform package takes on defense spending and individual investors
Ruling coalition approves proposal after debate over plan to hike taxes for a bolstered defense budget.
JAPAN
Dec 15, 2022
Same levy, different name: Reconstruction tax to be shifted to defense spending
The ruling Liberal Democratic Party's latest plan to fund a defense budget hike is to create a new defense tax.
Japan Times
COMMENTARY / Japan
Dec 15, 2022
The fight to build up Japan’s military is just beginning
The famously pacifist nation's plans to double defense spending are both welcome and overdue. Now Japan needs to find a way to pay for them.
BUSINESS
Dec 15, 2022
Japan plans higher taxes, but only on small group earning over ¥3 billion
The idea of imposing higher taxes on the wealthy stems from the fact that the tax rate on overall earnings begins to decrease once an individual's income exceeds u00a5100 million.
JAPAN / Politics
Dec 14, 2022
Defense spending debate threatens to divide ruling Liberal Democratic Party
Rather than raising taxes, some LDP lawmakers want the prime minister to issue government bonds.
Japan Times
BUSINESS
Dec 14, 2022
Japan lawmaker chides crypto watchdog over FTT coin approval
Disgraced crypto founder Sam Bankman-Fried's digital assets empire imploded just as Japan was warming up to crypto again.
JAPAN / Politics
Dec 13, 2022
Sanae Takaichi stands by criticism of plan to hike taxes for defense budget
The criticism came after Kishida on Thursday instructed the ruling parties to consider tax hikes to secure some u00a51 trillion to partially cover higher defense spending.
BUSINESS / Economy
Dec 13, 2022
Japan to raise taxes for rich with annual income of ¥3 billion
The government and the ruling coalition plan to offer the superwealthy a tax break for reinvestment of capital gains in startup companies to encourage investment.
JAPAN
Dec 13, 2022
Controversy grows over proposed use of Tohoku funds to cover defense spending
The government is eyeing using a special tax designed to finance reconstruction costs for areas affected by the March 2011 Great East Japan Earthquake.
Japan Times
COMMENTARY / Japan
Dec 13, 2022
The politics of Japan's defense spending
When Japan first imposed the 1% of GDP defense-spending ceiling , the issue has been a matter of politics and any attempt to breach that threshold has been taboo.
Japan Times
BUSINESS / FOCUS
Dec 12, 2022
Kishida's plan to fund higher defense spending faces backlash
The prime minister's suggestion of tax increases hasn't gone down well, even among Cabinet members and lawmakers from his own party.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition