Today, April 1, the Japanese people have received an April Fool's Day gift in the form of a potentially temporary tax cut on gasoline and automobile purchases. There is, reports the media, chaos at the car dealerships and chaos at the petrol pumps. There is uncertainty regarding current road construction projects. And in a press …
Tag: temporary gasoline tax
Cry havoc
Painted into a corner over the gasoline tax issue, Prime Minister Fukuda attempted to undercut Ozawa Ichiro in an interview on NHK Sunday, suggesting that the impetus for a grand coalition came from Mr. Ozawa. The facts of the negotiations surrounding an LDP-DPJ grand coalition — especially Watanabe Tsuneo's role in it — may never …
Fukuda resignation watch?
(Readers looking for my response to Fukuda Yasuo's resignation, see this post.)In a handful of days, Prime Minister Fukuda has gone from cool and collected, to angry, to shaken and desperate.On Friday, Mr. Fukuda called an emergency press conference to make one final plea to the DPJ to compromise on the gasoline tax, agreeing to …
Fukuda loses his cool
At a press conference Monday, Prime Minister Fukuda expressed his anger at the DPJ's rejection of the government's efforts to pass compromise legislation on taxation."[The DPJ] has an attitude of entirely not deliberating on the budget-related tax bill. What can the Diet do about this? Speaking honestly, this is incomprehensible."Mr. Fukuda and the LDP executive …
Signs of compromise?
With the end of Fukui Toshihiko's term as BOJ president rapidly approaching, there are signs that the LDP and the DPJ might be able to come to terms on the nomination of his successor.Messrs. Oshima and Yamaoka, Diet strategists for the LDP and DPJ respectively, met once more on Thursday and agreed that a vacancy …
More discouraging numbers for Fukuda
Following on the heels of a Mainichi poll that shows a public both increasingly opposed to the Fukuda government and its plans related to the temporary gasoline tax and the road construction plan and eager for the LDP and DPJ to compromise (discussed in this post by Jun Okumura), Asahi has released its first opinion …
The DPJ gets its groove back (for now)
The past six months in Japanese politics have seen some surprising and unexpected events and reversals of momentum — and it looks as if we're in the midst of the latest shift in momentum. The DPJ, after a shaky start to the current Diet session following the government's deft maneuvering on the MSDF refueling mission …
Collision ahead
Thanks to Mainichi, we have a calendar of this week's events related to the progress of the budget and budget-related legislation — the latter including the special measures bill on taxation — through the House of Representatives and its committees.It'll be a busy week.The budget will be discussed in the Budget Committee all this week. …
Intimations of change
The revised bill for the special measures law on taxation, which includes the government's ten-year extension of the temporary gasoline tax, has been scheduled for interpellation in the plenary session of the House of Representatives from Tuesday, 19 February. The bill on the road construction special fund will be under discussion from Thursday, 21 February. …
The end is near
If you haven't read it yet, go read MTC's account of the last days of "Tanakaism."