Keidanren Proposal Consumption Tax Rate Increases Social Security Sustainable November 14, 6:37

In order to make the social security system such as pension, medical care, and nursing care sustainable, Keidanren must raise the consumption tax rate raised to 10% last month as one of the leading options and need to hold national discussions. Summarized the proposals that there was.

According to it, in order to pay the public's future anxiety, it is necessary to reinforce fiscal finance with a huge debt, and it is indispensable to reform both expenditure and revenue while obtaining public understanding.

On that basis, it is recommended that the consumption tax rate should be further increased from 10% in order to pass on the social security system to future generations in a sustainable manner.

In September, the government has set up a review meeting for the construction of a social security system for all generations, and is discussing the benefits and burden of social security, but we are currently considering further raising the consumption tax rate. It is not.

Keidanren says, “In addition to spending reforms such as social security, securing financial resources accompanying an increase in the burden on the public is an unavoidable issue, and public discussion should be raised about further raising the consumption tax rate.” is.