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Japan election

Abe says Japan's consumption tax can stay at 10% for decade

Opposition parties rip rate increase as upper house race kicks off

Prime Minister Shinzo Abe speaks at a debate July 3 in Tokyo, ahead of Japan's July 21 election for seats in the Diet's upper house.   © Reuters

TOKYO -- Japan will not need to raise its consumption tax for another 10 years after the rate goes up to 10% in October, Prime Minister Shinzo Abe said on Wednesday.

Abe spoke in Tokyo at a debate with opposition party leaders, one day before the official start of the campaign for the Diet upper house election on July 21. Voters will choose among candidates for 124 seats, roughly half the membership of the parliamentary chamber.

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