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The Liberal Democratic Party opposes the government’s fiscal 2011 budget and related tax bills, LDP President Sadakazu Tanigaki said Monday, refusing to heed a business leader’s call for cooperation on passing the budget.

In a meeting with Japan Business Federation (Nippon Keidanren) Chairman Hiromasa Yonekura, Tanigaki repeated his party’s intention to pressure the government to dissolve the House of Representatives and call a snap election rather than bargain about the matter.

The opposition leader added that his party can cooperate with the Democratic Party of Japan on tax and social security reforms after the election.

In response to Yonekura’s call for “swift and steady implementation” of policies under the budget, Tanigaki said the LDP is “not in a state where it can vote for the budget and the related tax bills,” underlining his party’s increasingly hostile stance toward the ruling party.

It’s increasingly likely that the bills necessary to implement the budget for fiscal 2011 starting this April will fail to be enacted by the end of March.

The LDP is “inching much closer toward the idea that creating a new direction after listening to the voices of the people, and regaining the legitimacy (of the government) could actually become a fast way,” Tanigaki said, referring to the call for a House of Representatives election.

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