Prime Minister's Approval Ratings Drop Amid Tax Cut Plans

Prime Minister Fumio Kishida's approval ratings have hit their lowest point since taking office two years ago, according to a recent poll. Despite plans for an economic stimulus package that includes tax cuts and cash handouts, respondents expressed disapproval, citing concerns about fiscal responsibility and a potential vote-getting tactic. The stimulus package, worth 17 trillion yen, aims to counter inflation and falling wages through income and residency tax cuts, as well as subsidies for low-income households and energy/utility bill support. However, critics argue that the package adds to Japan's already high debt and may not effectively address the country's economic challenges.