Prime Minister’s New Year Press Conference
Prime Minister Sanae Takaichi had a new year press conference in Ise city, Mie, after visiting Ise Shrine on January 5 th . She announced that her government would launch a national conference for reform of social security system by the end of January. Since social security reform is one of the crucial policy for Japan Innovation Party (JIP), the coalition partner of the Liberal Democratic Party (LDP), Takaichi focuses on reinforcing the tie with JIP through social security issue. “To lighten the payment for tax or premium of social insurances for the people with low or middle income, we will increase take-home pay according to their income,” said Takaichi in the press conference. It is likely that the conference will discuss details of the system for refundable tax credit, which Takaichi has been considering before she took office of prime minister. The JIP has been insisting that lightening burden of worker’s age in payment for social security should be a v...