Speaking to journalists Tuesday, he reiterated the Democratic Party of Japan's campaign promise to increase child allowances, reduce the cost of education, and cut the gasoline tax.
VOA: standard.2009.10.27
Reforming Japan's tax system would probably lead to a jump in overall corporate profits.
Japan's tax reductions should encompass not only personal income and corporate profits but also the punitive capital gains levies on real estate, as well as the national sales tax.
When Parliament's budget committee debated a proposal to repeal Japan's consumption tax in December, Obuchi found himself sandwiched between two coalition partners with conflicting views.