World & BusinessTakaichi wants bill passed to cut food consumption tax from 8% to 1% for two years
The Japan Times reports that Prime Minister Sanae Takaichi also announced plans to submit legislation to diversify oil procurement channels.
TLDR
Prime Minister Sanae Takaichi expressed eagerness on September 23, 2026, for passage of legislation to lower the consumption tax on food from 8% to 1% for two years, The Japan Times reports. She also announced a plan to submit legislation to diversify oil procurement channels.
Takaichi wants bill passed to cut food consumption tax from 8% to 1% for two years
The Japan Times reports that Prime Minister Sanae Takaichi also announced plans to submit legislation to diversify oil procurement channels.
TLDR
Prime Minister Sanae Takaichi expressed eagerness on September 23, 2026, for passage of legislation to lower the consumption tax on food from 8% to 1% for two years, The Japan Times reports. She also announced a plan to submit legislation to diversify oil procurement channels.