Japan's Keidanren proposes "Future Design 2040" to boost GDP, reform taxes, and tackle demographic challenges.

Japan's top business group, Keidanren, has proposed a plan called "Future Design 2040" to boost Japan's GDP to ¥1 quadrillion by 2040. Key aspects include raising taxes on the wealthy to generate approximately ¥5 trillion and reducing social insurance burdens on workers to foster a thriving middle class. The plan also aims to address an aging population and declining birth rate, proposing reforms to sustain economic growth and reduce government debt.

4 months ago
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