Prime Minister Fumio Kishida said on Sunday he won't seek to change the country's taxes on capital gains and dividends for now as he intends to pursue other steps for better wealth distribution, such as raising wages of medical workers.
Kishida, who has vowed to rectify wealth disparities, had previously said reviewing those taxes would be an option in addressing income gaps.
The prime minister's new stance indicates his concern about jitters in the stock market caused by the prospects of higher tax levies.