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LDP, Komeito begin discussions on putting off consumption tax hike

  • May 19, 2016
  • , Nikkei , p. 4
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The government and the ruling parties launched discussions on May 18 aimed at postponing the consumption tax hike again. On the same day, Prime Minister Shinzo Abe, who heads the Liberal Democratic Party, met with Komeito leader Natsuo Yamaguchi and other key officials. The premier will likely decide on when to announce his decision by factoring in discussions at the Ise-Shima Summit on May 26-27 as well as the country’s provisional data on gross domestic product released on the same day.

 

After his Diet debate with the other party leaders, Abe met with LDP Secretary-General Sadakazu Tanigaki. The meeting was later joined by Yamaguchi and Komeito Secretary-General Yoshihisa Inoue. Their talks covered the management of the Diet session, which will end soon, as well as a second postponement of the consumption tax hike. Yamaguchi conveyed his view that the ruling parties should hold discussions if a tax hike is postponed again.

 

“The Ise-Shima Summit will be held soon and there many things on the horizon for the government and the ruling parties to decide on, including a basic economic blueprint,” Yamaguchi told reporters after his meeting with Abe. “I’ve been telling Abe that this will become an opportunity for the government and the ruling parties to demonstrate our commitment.” He reiterated that the government and the ruling parties should articulate their position before the House of Councillors election in July.

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