As the official first year of Reiwa, 2019 was hot with discussion as soon as the era was christened.
Keigen Zeiritsu (Reduced Tax Rate)October 1, 2019 signaled an increase in consumption tax from 8 percent to 10 percent, but the news also came with the promise of this “reduced tax rate” where some items remained subject to tax at the 8 percent rate.
While this is less a “reduced tax rate” and more of a “keeping the tax the same rate”, the real issue was what items and services fell under the reduced rate.
Cashless/Point Kangen (Point Cashback)Japan is largely a cash-based society, and efforts to encourage cashless spending have had mixed results.
However, Inochi wo Mamoru Kodo wo simply asks you to do whatever is possible to keep alive.