Japanese gov't not to raise sales tax for 2-3 years

22:14, June 21, 2010      

Email | Print | Subscribe | Comments | Forum 

Japanese Prime Minister Naoto Kan stressed Monday that the raising of Japan's consumption tax rate could take at least two or three years as the government in the meantime seeks to strengthen the economy and improve the nation's fiscal situation.

Kan, an advocate of doubling the current 5 percent sales tax to combat Japan's mounting public debt, said at a press conference he plans to engage opposition parties and the electorate before a decision is made to raise the tax rate.

"At the earliest... it will take at least two years, three years or a bit longer," Kan said to reporters Monday at his office.

"What I am stressing is that the government must build a strong economy, a strong fiscal situation and strong social welfare all at the same time. I'm not saying building a stronger fiscal situation has to come first," the premiere said.

The prime minister in response to whether or not he plans to call a general election before the tax rise said: "Whenever a major tax reform is carried out, we need to provide our people with an opportunity to make a decision," hinting that the notion was not out of the question.

Kan also said that he intends to enhance and solidify ties with the U.S. during a Group of 20 summit to be held in Canada later this week, at which the Japanese leader will hold talks with his U. S. counterpart President Barack Obama and reconfirm Japan's commitment to the U.S.-Japan bilateral alliance.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Passengers wait for help after a coach skidded of an icy road in Xinghai county, Northwest China's Ningxia Hui autonomous region, Sept 28, 2011. The accident occurred at an altitude of 4,400 meters Wednesday morning and has trapped 41 passengers in the snow covered area. The coach was travelling from Xining city to Yushu county in Qinghai. (Photo/Xinhua)
  • A doctor takes blood sample of a girl for the dengue virus test at a hospital in east Pakistan's Lahore on Sept. 28, 2011. The death toll as a result of Pakistan's dengue fever outbreak continues to rise at alarming rates as at least 108 people have now been confirmed dead. The total number of people who have contracted the virus is reported to be at least 10,585 in Punjab, with 9,000 reported from Lahore. (Xinhua Photo/Sajjad)
  • Local pupils tie the rice at Jindai Botanical Garden in Chofu, Japan, Sept. 28, 2011. A group of pupils reap the rice they planted this May in Jindai Botanical Garden on Wednesday. (Xinhua/Kenichiro Seki)
  • A news conference on the nation's first space-docking procedure is held at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 28, 2011. The Tiangong-1, or "Heavenly Palace 1," is scheduled to be sent into space late Thursday to perform the nation's first space-docking procedure. (Xinhua/Wang Jianmin)
  • Actors perform during a dancing opera about Confucius (551-497BC), a Chinese thinker, educationist and philosopher, in Qufu, Confucius' hometown in east China's Shandong Province, Sept. 27, 2011. (Xinhua/Xu Suhui)
  • A volunteer greets journalists on the Media Public Day at Ellington field in Texas, the United States, Sept. 27, 2011. Journalists on Tuesday were invited to visit part of the airplanes for the upcoming air show. The 27th Houston Air Show will be held on Oct. 15-16 at Ellington field. (Xinhua/Song Qiong)
Hot Forum Discussion