Japanese PM Takaichi plans temporary food sales tax cut
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Sanae Takaichi
Japan
2026-07-30
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 17/30/2026, 5:01:07 AM
Prime Minister Sanae Takaichi announced a plan to cut the sales tax on food from 8% to 1% for two years. The move aims to cushion the impact of rising living costs. The plan faces criticism regarding the potential strain on Japan's finances.
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