It's an own goal

in #japan11 days ago

PM Takaichi will own this temporary tax cut but it won't do much to win the hearts of voters. It will however make people quite angry when it is raised again: Japan's planned food tax cut faces consumer, retailer skepticism. The war in the Middle East gave the Takaichi Cabinet an off ramp for this tax cut. But they didn't think of a creative way to use it. Now I can only see the approval rating for the government falling further. It's an own goal.
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