Japan's new 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.
Kishida took the top job in the world's third-largest economy on Monday, replacing Yoshihide Suga, who had seen his support undermined by surging COVID-19 infections. "I have no plan to touch the financial income tax for the time being ... There are many other things to tackle first," Kishida told a news programme on commercial broadcaster Fuji Television Network.
"Misunderstanding is spreading that I may do it soon. That will give unnecessary worry to people concerned if not dispelled firmly." Some investors have expressed concern that the new premier may press ahead with capital-gains tax hikes, signalling a turnaround from investor friendly economic policies pursued by Japan's longest-serving premier Shinzo Abe from 2013 to 2020.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan PM Kishida pledges to steer Japan out of Covid-19 crisisFumio Kishida took the top job in the world’s third-largest economy on Monday, replacing Yoshihide Suga after his popularity took a nosedive over the pandemic.
Lire la suite »
Japan PM Kishida vows to devote himself to ending COVID-19 crisisPrime Minister Fumio Kishida said on Friday he would do his utmost to lead Japan out of the COVID-19 crisis, while protecting its territory and people in an increasingly tough security environment.
Lire la suite »
Kishida vows to lead with 'trust and empathy' to fix JapanTOKYO (AP) — In his first policy speech Friday, Japan’s new Prime Minister Fumio Kishida promised to strengthen pandemic management and health care in case of another coronavirus resurgence, and turn around the battered economy while bolstering the country's defenses against threats from China and North Korea.
Lire la suite »
TSMC and Sony considering joint chip factory, Japan gov't to help -NikkeiTaiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday.
Lire la suite »
Earthquake, Magnitude 3.5 - NEAR EAST COAST OF HONSHU, JAPAN - 2021 October 09, 02:16:30 UTCMagnitude: M 3.5, Region: NEAR EAST COAST OF HONSHU, JAPAN, Date time: 2021-10-09 02:16:30.0 UTC, Location: 35.60 N ; 140.10 E, Depth: 70 km.
Lire la suite »
Earthquake, Magnitude 4.3 - NEAR EAST COAST OF HONSHU, JAPAN - 2021 October 09, 02:16:19 UTCMagnitude: mb 4.3, Region: NEAR EAST COAST OF HONSHU, JAPAN, Date time: 2021-10-09 02:16:19.4 UTC, Location: 35.56 N ; 140.17 E, Depth: 73 km.
Lire la suite »