Japan Mulls Income Tax Hike From 2027 To Help Fund Defense
Published on: Dec. 17, 2025, 6:34 a.m. | Source: NDTV Profit
Japanese Prime Minister Sanae Takaichi’s ruling coalition is discussing raising income taxes from 2027 to help pay for higher defense spending, breaking a three-year stalemate on the issue as mounting geopolitical risks make it more urgent to secure funding sources.
