The Democratic Party of Japan submitted a bill to the Diet on the 29th that includes measures to combat soaring fuel prices, including lifting the freeze on the ``trigger clause,'' which suspends the taxation of the additional portion of gasoline tax.
On the 29th, the Democratic Party of Japan submitted a bill to the House of Councilors to counter soaring fuel prices.
The bill would unfreeze the "trigger clause" that suspends the taxation of the additional portion of gasoline tax, lowering the price by approximately 25 yen per liter, and also lowering the price by two years to maintain the reduced price. The goal is to abolish the "temporary tax rate."
It also states that a new tax should be created in the future, taking into consideration the lack of financial resources that will result from the abolition of the "temporary tax rate."
Representative Tamaki told reporters, ``The new year's budget does not include a reduction in gasoline prices from May onwards.We need to reduce prices through tax cuts, not through wasteful subsidies.''
The Democratic Party of Japan withdrew from talks with the ruling party last month regarding the lifting of the freeze on the trigger clause, and subsequently made arrangements with the Constitutional Democratic Party of Japan and the Japan Restoration Party to jointly submit a bill, but this was not completed. I introduced the bill on my own.