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Podcast: レアジョブ英会話 Daily News Article Podcast
Episode: Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks
Description: Japan's Prime Minister Fumio Kishida said he is preparing to take bold economic measures, including an income tax cut for households hit by inflation and tax breaks for companies to promote investment, in what’s seen as a move to lift his dwindling public support.
In his speech to start a new Parliamentary session, Kishida said it was time to shift from an economy of low cost, low wages, and cost-cutting to one backed by growth led by sustainable wage hikes and active investment.
“I'm determined to take unprecedentedly bold measures,” Kishida said, pledging an intensive effort to achieve stronger supply...