(2)Ruling camp unveils tax reform outlines featuring tax hikes

TOKYO, Japan - Tsutomu Sakaguchi (L), chief of the new Komeito party's tax panel, and his Liberal Democratic Party counterpart Yuji Shimazu burst into laughter during a joint meeting of their panels in the Diet on Dec. 15. The ruling coalition later unveiled its tax reform outlines for fiscal 2005 featuring the halving of the 1999 fixed-rate income tax cuts at the national and local levels. (Kyodo)

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