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- Japan PM Abe: see no need to raise sales tax beyond 10% for decade
Japan PM Abe: see no need to raise sales tax beyond 10% for decade
Japanese Prime Minister Shinzo Abe said that he was not considering raising the sales tax beyond 10% under his administration, and that he saw no such need at least for a decade.
"I'm not thinking about raising it any more under the Abe administration," he told a debate with other political party leaders.
"I don't think it will be necessary for 10 years," he said, when asked about the possibility of a further hike beyond a scheduled rise to 10% from the current 8% in October.
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