TOKYO -- Japanese Prime Minister Fumio Kishida told senior officials of the ruling coalition Friday to consider temporarily reducing the income tax to help consumers struggling to keep up with rising prices.
Economy
Japan's tax cut proposal fuels concern over fiscal health
Kishida kicks off debate as officials stress reduction will be temporary
Japanese Prime Minister Fumio Kishida speaks to reporters at his office in Tokyo on Oct. 20 about his instructions to consider an income tax cut. (Photo by Yuki Nakao)
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