While the crude oil price remains high, Minister of Economy, Trade and Industry Hagiuda has various issues such as a decrease in local tax revenue if the so-called "trigger clause", which suspends the taxation of the additional gasoline tax, is to be activated. He acknowledged that it is necessary to discuss the system design to deal with the tax.
Komeito representative Yamaguchi said on the 12th of this month that it is necessary to unfreeze the "trigger clause" to stop the taxation of the additional part of the gasoline tax in addition to the subsidy to the oil wholesale company over the measures against the soaring crude oil price. Shows the idea of doing.
Regarding this, Minister of Economy, Trade and Industry Hagiuda said at a press conference after the Cabinet meeting on the 15th that the trigger clause does not cover kerosene and heavy oil, and that local tax revenue will decrease and it will have a big impact on the operation of local governments. He pointed out that there are challenges.
He said, "We cannot deny that we will take bold policies to minimize the impact on people's lives." If we were to implement a trigger clause, we would design a system to deal with these issues. He acknowledged that discussion was needed.