As an additional economic measure based on the impact of the new coronavirus, the National Democratic Party has decided to reduce the consumption tax rate to 5% for one year only and to provide 200,000 yen to low-income people. We have compiled the urgent recommendations for
The Democratic Party for the People has put together an urgent proposal that includes additional economic measures, saying that large-scale budgetary measures are needed because people's lives are becoming more difficult due to the spread of the new coronavirus infection.
The proposal states that for this year's third supplementary budget, a budget of 48 trillion yen should be prepared as so-called "fresh water" that requires fiscal expenditure.
On top of that, as additional economic measures, the consumption tax rate will be reduced to 5% for one year only, 100,000 yen will be paid to the working generation through income tax refunds, etc., and for low-income people such as single-parent households , We are requesting an additional 200,000 yen.
In addition, we are requesting an increase in the "sustainable benefits" provided to small and medium-sized enterprises.
The Democratic Party for the People is calling on the government to implement the recommendations, saying that the budget should be secured by issuing "Corona Government Bonds" without hesitation in order to survive the crisis.