reported that Japanese Prime Minister Shinzo Abe will meet the evening of June 1 closing routine Congress held a press conference to formally announce the April 2017 consumption tax increase time again postponed to October 2019. Japan accused the opposition parties said the “failed economic policies should be recognized immediately step down” (Democratic Progressive Party leader Katsuya Okada, language). Abe Cabinet Japan Association for Promoting Democracy, Communism, people and social life of the four opposition parties jointly submitted a no-confidence resolution in the House of Representatives plenary session with the ruling party and other opposition was rejected by the majority. Since the people, the New Komeito parties May 31 endorsed Abe again postpone tax increases policy. Japan’s Kyodo News that before the advent of the July upper house election, around the “abenomics” the success of the ruling and opposition parties intensified tug of war.
Kyodo News said, Abe will combine the Group of Seven (G7) at the press conference discussing Ise Shima summit postponed to why the tax increase will be described. We will also talk about social security issues as well as financial resources to ensure that fiscal consolidation increasingly serious problem of where to go. Abe ready to adhere to the “primary balance” to achieve the goal of 2020 annual earnings.
November 2014 when the first show to postpone tax increases, Abe has asserted not delayed again. Thereafter Abe has repeatedly said that “as long as the Lehman crisis and the earthquake level events do not occur, will not be delayed again”, now they will be asked whether the inconsistent statements.
Okada to the four opposition parties criticized the no-confidence motion put forward why Abe’s stance that “alarmist to say that on the eve of the Lehman crisis, literally as ‘global economic crisis’,” “attempt to take advantage of the summit failed economic policy muddle in the past” .
On the other hand, Japan’s Liberal Democratic Party May 31 plenary session held policy chief, endorsed Abe’s policy. The party secretary general Tanigaki said: “to promote tax increases Ye Hao, Ye Hao backoff, will be able to eliminate this disturbing disturbed only prime minister.”
Japanese Komei Party in the permanent high-level meetings on matters related solely to deal with the entrusted party leader Natsuo Yamaguchi, in fact, recognized deferred taxes. Yamaguchi said that as measures taken by the National Social Security financial resources, Abe is not prepared to rely on deficit bonds, another way to find a way out, not by virtue of the consumption tax.
The Government of Japan is carried out on the last Senate election schedule coordination, ready to June 22 and announced on July 10 to vote counting. Party appeared on August 1 to 4, held the Senate after the election of an interim parliament this program. Abe will be through diplomatic agenda in September, in the interim parliament held after mid-month with the tax increase is delayed again begin to change the law.
