Japan PM's Bold Move: No Capital Gains Tax Hike to Boost Investment

  • Japanese Prime Minister Ishiba stands firm on current 20% capital gains tax rate to spur investment and ease tax burden on high-income earners.

Japanese Prime Minister Shigeru Ishiba has ruled out raising the capital gains tax, affirming his government's commitment to maintain the current 20% flat rate on investment income.

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This move is aimed at encouraging investment and reducing the tax burden on high-income earners, especially those who gain significantly from stock and property investments.

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