SITUATION REPORT

Japan: Ruling Party Accepts Opposition Economic and Political Demands

Nov 20, 2024 | 17:51 GMT

Leaders of Japan's ruling Liberal Democratic Party and the opposition Democratic Party for the People released a statement on Nov. 20 pledging to consider raising the minimum annual threshold for income tax to 1.03 million yen ($6,600), cutting gasoline taxes, and "increas[ing] the take-home pay" in an upcoming economic support package....

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