Japan reportedly eyes one-year income, resident tax cuts from June next year | Forexlive

This just rebuffs other ongoing reports on the matter, with the government said to be considering an income tax cut of ¥40,000 and cash handouts of ¥70,000 to low-income and elderly households. All of this is part of measures by the government to reduce the burden of inflation, not to mention a weakening currency over the last few years. From yesterday: