Global Economy
Japanese ruling LDP party's Suzuki says there is strong political determination that tax rate will be moved back up in two years, can ensure revenues to fund temporary tax cuts due to tax revenue overshoot
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Suzuki (LDP) confirmed plans for temporary tax cuts funded by revenue overshoots, with a firm commitment to restoring original tax rates within two years via legislation in the Autumn session.
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Says: Understands they will aim to submit tax cut bill during the Autumn parliament session.
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