Feb 3 • 07:34 UTC 🇯🇵 Japan Asahi Shimbun (JP)

Tax Reduction Pledge Battle, No Validity Judgment - Japan Alone Lacks 'Independent Fiscal Institution' at G7

As Japan approaches its House of Representatives election, political parties are advocating for consumption tax cuts without a thorough discussion of funding sources, unlike many G7 countries that have established Independent Fiscal Institutions (IFIs) to assess the impact of such policies.

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