Friday, December 3 2021

Reuters

Japan PM Kishida says has no plan to alter capital-gains, dividend taxes

Japan’s new Prime Minister, Fumio Kishida, said on Sunday he won’t seek to change the country’s taxes on capital gains and dividends for now as he intends to pursue other steps for better wealth distribution, such as raising wages of medical workers. Kishida, who has vowed to rectify wealth disparities, had previously said reviewing those taxes would be an option in addressing income gaps. Kishida took the top job in the world’s third-largest economy on Monday, replacing Yoshihide Suga, who had seen his support undermined by surging COVID-19 infections.

Source: Yahoo Sports

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