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Japan's Tax Revenue Set to Exceed 80 Trillion Yen in 2025

11/29/2025

Summary

Story summary

The Japanese government expects general-account tax revenue for fiscal year 2025 to reach about 80.7 trillion yen, surpassing 80 trillion for the first time.
The 2.9 trillion yen rise from earlier forecasts reflects higher income tax revenue, driven by wage growth.
The government adopted a draft supplementary budget of 18.3 trillion yen to support households and growth investments, financed mainly through new government bonds, with parliamentary submission next month.

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Story summary

The Japanese government expects general-account tax revenue for fiscal year 2025 to reach about 80.7 trillion yen, surpassing 80 trillion for the first time.
The 2.9 trillion yen rise from earlier forecasts reflects higher income tax revenue, driven by wage growth.
The government adopted a draft supplementary budget of 18.3 trillion yen to support households and growth investments, financed mainly through new government bonds, with parliamentary submission next month.