Ken Kobayashi, Chairman of the Japan Chamber of Commerce and Industry, said at a press conference on the 6th that there is a need to proceed with discussions on the financial resources for defense spending aimed at a drastic strengthening of defense capabilities, taking into account the impact on small and medium-sized enterprises in the event of a corporate tax hike. I have indicated that there is.
In this, President Kobayashi said, ``Since it is the cost of protecting the country, the long-term plan is that it must be a permanent source of revenue. It is unavoidable to force the public and companies to share the burden broadly."
On top of that, ``There are signs that only the corporate tax increase is being talked about as a permanent source of revenue. There is a concern that domestic investment will cool down, so I would like you to make a decision after careful consideration."