Deep Dive from The Japan Times cover image

Deep Dive from The Japan Times

178: Japan’s ‘four-eyed tax hiker’ and the curse of Colonel Sanders

Nov 9, 2023
Baseball writer Jason Coskrey and editor Joel Tansey discuss the Hanshin Tigers’ Japan Series victory; Gabriele Ninivaggi explains how the prime minister hopes to get a home run with his tax plan.
32:02

Podcast summary created with Snipd AI

Quick takeaways

  • Prime Minister Kishida's proposed tax plan faces pushback due to concerns about fiscal responsibility and potential vote-getting tactics.
  • The Hanshin Tigers' victory in the Japan Series not only ended their championship drought but also silenced the belief in the 'curse of the Colonel'.

Deep dives

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.

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