Prime Minister Sanae Takaichi’s proposed plan to cut tax on food purchases risks lowering Japan’s revenues and undermining the nation’s finances in the long term, according to S&P Global Ratings. https://www.japantimes.co.jp/business/2026/01/22/economy/sp-japan-tax-cut-concerns/?utm_medium=Social&utm_source=mastodon #business #economy #sp #fitch #japaneseeconomy #consumptiontax #ldp #sanaetakaiachi