1 of 1
Story summary
- Prime Minister Sanae Takaichi defended a plan to pair a consumption-tax cut with income-based cash payments.
- She announced the food tax will drop from 8% to 1% beginning April 2027 for two years.
- Targeted cash payments will start in 2026 to boost disposable income.
- Takaichi said the combo is best for sufficiency and promptness, rejecting a universal cash handout.