The government should make permanent income and residential taxes cuts to shore up the nation’s economy, the head of the Japan Chamber of Commerce and Industry said March 19.

At the chamber’s general meeting, Chairman Kosaku Inaba urged the government to compile a supplementary budget worth at least 10 trillion yen for the next fiscal year. “The issue of fiscal structural reform is extremely important, but it is only possible after steady economic recovery,” Inaba said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.