This year's tax revenue is likely to be lower than the initial estimate. Finance Minister Nov. 19 14:23
Regarding tax revenues this fiscal year, Deputy Prime Minister and Minister of Finance added a deficit-state government bond to the draft of the supplementary budget, considering that there is a possibility that it may be less than the initial expectation of 62.500 billion yen. The idea of deciding whether or not to issue is based on the amount of money shortage.
The government had set a record high of about ¥ 62.5 trillion for this year's tax revenues, but corporate tax revenues are sluggish due to the impact of trade friction between the United States and China From the above, as of the end of September, it is 4.6% less than the same time last year.
Regarding this, Vice Prime Minister Aso and Finance Minister said at the press conference after the cabinet meeting, “Because it is necessary to take into account various factors, it is difficult to say the outlook at this time, but at least it will be a significant increase from the 62 trillion yen that we have currently anticipated. I'm not talking about going on, but I think there's a good chance that it will fall below that. "
In addition, when formulating a supplementary budget, whether or not to issue additional deficit-state government bonds is as follows: “It is not a matter of how much tax revenue is short, but it is not a story that tens of trillion yen will be short. In that sense, tax revenue is at this stage. I do n’t know how much, so I do n’t know what to do at this stage. ”