The Lower House election in February has taken a surprise turn, as nearly every political party now is calling for a consumption tax cut on food purchased from stores.
In a 180-degree about-face, even the Liberal Democratic Party is advocating a temporary consumption tax reduction, although it was against the idea during the Upper House election about six months ago.
Discussions so far have made it apparent that proposals by the ruling and opposition parties to eliminate the 8% consumption tax on food fall short in terms of timing, funding and measures to counter negative effects of the plan.
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