FEATURED · ECONOMY LDP revolt grows over Takaichi plan to cut food tax to 1%
August 1, 2026 1 min read
ECONOMY

LDP revolt grows over Takaichi plan to cut food tax to 1%

Source: Nikkei Asia — China

PUBLISHED
August 1, 2026
CATEGORY
NI
Nikkei Asia — China
eChina Team
1

Lawmakers from PM's party fret over funding and future need to raise tax again Prime Minister Sanae Takaichi's decision to announce her tax cut plan before seeking party consensus has rankled some party members. (Photo by Ken Suzuki) TOKYO — Japan's ruling Liberal Democratic Party postponed on Friday the approval of a plan to lower the consumption tax on food to 1%, as party members push back on Prime Minister Sanae Takaichi's unilateral drive to implement the change amid funding and other concerns.

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