Aso Finance Minister "I do not think about reducing the consumption tax" April 13 13:02
Regarding the demand for reduction of the consumption tax as an economic measure following the spread of the new coronavirus infection, Deputy Prime Minister and Minister of Finance Aso said in the House of Representatives' settlement accounting monitoring committee `` To reduce the consumption tax at this stage. I don't think. "
In response, Deputy Prime Minister and Minister of Finance Aso asked whether there would be a possibility of reducing the consumption tax in the future as an economic measure against the spread of infection, but said, `` We raised the consumption tax rate last year, but all generations It is clear that the Japanese society of aging and declining birthrate will not be able to cope with the situation without a major shift to social security of the type.We are not considering reducing the consumption tax at this stage. '' .
In addition, in connection with the issuance of government bonds due to the emergence of fiscal measures due to urgent economic measures, the primary balance, which indicates how much tax expenses etc. will cover the expenses required for policies, will be in the black in 2025. When asked if he could reconsider his goal, Deputy Prime Minister Aso said, "This time the increase in borrowings will lead to a poor primary balance, but there is no idea to abandon this goal."
As a reason for this, Deputy Prime Minister Aso said, "If there is no attitude to return debt, Japanese government bonds can be sold in the market as soon as possible. You need to look closely at the market and think about it." I said.