Panel urges cuts in tax breaks to cope with aging society

Panel urges cuts in tax breaks to cope with aging society

TOKYO, Japan - Hiromitsu Ishi, chairman of the government's Tax Commission, speaks at a news conference June 13 after his panel approved a draft report calling for a reduction of tax breaks for the elderly and a drastic hike in the consumption tax over the next 10 to 15 years. (Kyodo)

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