Regarding measures against soaring crude oil prices, the government and the ruling party have frozen the "trigger clause" to suspend the taxation of the additional portion of the gasoline tax, saying that the current subsidy payment has had a certain effect. There is a growing opinion that the cancellation should be postponed.
Until the end of this month, the government has taken measures such as subsidizing oil wholesalers up to 25 yen per liter to deal with soaring crude oil prices. The policy is to consider it based on the discussions of the Democratic Party for the People.
In the discussions between the three parties so far, based on the request of the Democratic Party for the People, we have been discussing the pros and cons of unfreezing the "trigger clause" that suspends the taxation of the additional portion of the gasoline tax. "The increase in subsidies has been effective in its own way. I would like to boil down how to take measures based on this."
At a meeting of the Economic Growth Strategy Headquarters held on the 11th, the LDP is calling for the government to extend subsidies to oil wholesalers from next month onward and to consider subsidies that exceed the maximum subsidy amount of 25 yen. I generally accepted the proposal for the proposal.
Furthermore, since the "trigger clause" does not cover heavy oil and kerosene, and it has been pointed out that the administrative burden on gas stations will increase, the government and the ruling party should refrain from unfreezing the "trigger clause". There is a growing opinion that it is.