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Japan food tax: Plans to cut country's food consumption tax

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  • Published on Mar 4, 2026
  • In Japan, plans to cut the country's food consumption tax to ease the cost of living pressure is emerging as a key issue in the upcoming election.
    The proposal marks a reversal of the Liberal Democratic Party's long-standing stance against tax cuts.
    Experts warn that such a move could undermine Japan's finances over the long term.
    Al Jazeera’s Patrick Fok reports.
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    #Japan #FoodTaxCut #CostOfLiving #Election2026 #LiberalDemocraticParty #TaxPolicy #EconomicImpact #JapanFinance #PoliticalDebate #AlJazeeraEnglish

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