“Consider changing the mechanism to increase hometown tax revenue” Fiscal System Council | NHK

Regarding hometown tax funds, that are growing 12 months by 12 months, an advisory physique to the Minister of Finance has concluded that if native tax income decreases attributable to financial downturn, the nationwide authorities will proceed to supply monetary assist to native governments, even when earnings from hometown tax funds has elevated. He identified that contemplating the nation’s extreme monetary state of affairs, modifications to the system must be thought-about.

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