Japan Confirms That The Consumption Tax Increase Plan Will Be Postponed To April 2017.

Japanese Prime Minister Abe Shinzo has made a clear decision that it will postpone the plan to raise the consumption tax to 10% in October 2015.

Andouble believes that since April 2014, Japan's consumption tax has been raised to 8%. After that, the pace of economic recovery is slow. If we raise the tax rate again, it is likely to shake the "Andouble economics" of "getting rid of deflation".

Reported that, at present, the tax rate raised by the original date postponed a year and a half to April 2017 the highest voice.

However, the Japanese government did not explicitly disclose the next time.

Time only means that the plan should be postponed first, and that the disbandment and general elections of the house of representatives should be fully addressed. Then the Japanese government and the ruling party will be formally adjusted.

Andouble met with LDP Secretary General Tanigaki at the prime minister's residence 7.

Gu Yuan advocated that the consumption tax should be raised according to the original plan.

Andouble responded that at present, we must find the opportunity for the dissolution of the house of Representatives. We should delay the increase of tax time and give priority to the dissolution of the house of Commons.

17 of this month,

The G20, the end of Australia's group of 20, will be returned.

On the same day, Japan will publish the GDP report on 7-9 as a material for judging whether to increase taxes.

The meeting of experts and scholars to raise taxes will be held for 18 days. It is expected that Andouble will consider the policy comprehensively.

Japan's Chief Cabinet Secretary Kan Yi Wei has said that he will wait until the December 8th GDP revision is published before making a decision.

However, the Japanese LDP cadres said that in the current stage, Japan's economic indicators "definitely show very bad", Andouble also made a delay in early judgement, will give priority to the dissolution of the agenda.

After determining the postponement plan, the Japanese government and the ruling party will enter the consultation stage on the next increase tax time.

One of the prime minister's think-tank, the cabinet office, took part in the proposal of Honda Etsuro and others to "postpone a year and a half". The Japanese government will also adjust its pace.

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Since there are no national elections expected in 2017, Andouble therefore believes that the barriers to tax increases will be smaller.

On the other hand, public opinion surveys show that the Japanese people are resolutely opposed to continuing to raise taxes. The Japanese government is worried about the adverse effects on the election of the house of Representatives. Therefore, it is proposed to "not explicitly raise the tax rate time".

However, in the daily news, it is very likely that the financial market will be affected once the efforts to improve fiscal integrity are abandoned.

Japan's finance ministry also strongly opposed this. After returning home, Andouble will make the final judgement.

Based on the consensus reached by the 3 Party of Japan in 2012, the Andouble Administration formulated the social security integration reform bill.

The Japanese government and the ruling party will submit amendments to the general assembly in 2015 on the basis of the resolution of the prime minister, aiming to establish the budget at the same time with the 2015 budget.

At the same time, Andouble will adjust the pace on the basis of postponing the policy, and will soon enter the rhythm of the work of dissolving the house of Representatives and holding the general election during the year.