Japan's Kishida to push for temporary income tax cut

Tax relief to be financed partly by surplus in tax revenue

Japanese Prime Minister Fumio Kishida is considering a temporary income tax cut to provide relief to consumers amid rising prices. (Photo by Uichiro Kasai)

HIROYUKI AKIYAMA, Nikkei staff writer

October 20, 2023 03:27 JST

TOKYO -- Japanese Prime Minister Fumio Kishida plans to press lawmakers to cut the income tax by using higher-than-expected tax revenue as he seeks to help consumers struggling with high prices.