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Takaichi defends plan to combine consumption tax cut with income-based cash payments

World 1 source 1 country 🔦 Under-reported 46m ago

Japanese Prime Minister Takaichi has defended a proposed economic policy that combines a reduction in the consumption tax with targeted, income-based cash payments.

Addressing the implementation timeline, Takaichi explained that designing a direct payment system tailored to individual recipient incomes requires more time than distributing uniform cash amounts would.

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Read the full story at the source Japan Times · JP ↗
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