The main opposition party in Japan, the CDP, promises a society of “all middle classes”

The main opposition party, the Constitutional Democratic Party of Japan, pledged Wednesday to revive Japan as a nation “of the whole middle class” by promoting the redistribution of wealth.

In its political pledges for the October 31 general election, the CDP pledged to effectively offer a one-year income tax exemption for people with an annual income of up to around 10 million yen and to providing 120,000 yen in cash per year to low-income people as emergency measures to deal with the novel coronavirus crisis.

The party also pledged to lower the consumption tax rate to 5% from the current 10% as a temporary measure to boost demand once the pandemic is contained.

To fund tax breaks and the distribution of money, CDP proposed to introduce a progressive tax system for companies so that large companies pay more income tax and increase the tax rate. maximum for rich people.

The party further assured voters it would tighten taxation of financial income, in stark contrast to Prime Minister Fumio Kishida, who effectively delayed consideration of the measure.

Criticizing Abenomics, the reflationary policy mix launched by former Prime Minister Shinzo Abe, for beating middle-class wage earners, the main consumers, and widening income disparities, Edano said: “If wealth is redistributed correctly, it will not be difficult to achieve a whole – the society of the middle class.

“We were able to present a choice of government,” he stressed.

In addition to economic measures, the CDP has pledged to strengthen border controls, increase the country’s capacity for polymerase chain reaction testing, and review existing plans to reduce the number of hospital beds and hospital beds. ‘public hospitals to increase the country’s resilience to COVID-19.

Political commitments also include a ban on the construction and expansion of nuclear power plants, the introduction of a selective double surname system for couples married at an early date and the abandonment of the ongoing program to to relocate the United States Marine Corps Futenma Air Base in Ginowan in Okinawa Prefecture to the Coastal District of Henoko in Nago, another southernmost prefecture city.

Meanwhile, the CDP has not clarified its position on the issue of constitutional revisions, due to a division within the party over the controversial issue.

“We cannot afford to use a huge amount of political energy on the issue now,” Edano said.

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