Prime Minister Takaichi's earnest desire for a consumption tax cut gives a glimpse of the people's true intentions... Will he keep his promise or be considerate of national bond interest rates and the extremely weak yen? | Politics, Economy, Investment | Toyo Keizai Online

Prime Minister Takaichi's proposed reduction in the consumption tax on food products is becoming a reality with a 1% tax rate and benefits that will reduce the consumption tax to "virtually zero." However, government spending of over 5 trillion yen, limited tax cut effects due to supply constraints, concerns about fiscal deterioration, and a mix of true intentions and public appearances...