Many Japanese child-rearing households are welcoming moves by both the ruling and opposition parties ahead of the Feb. 8 general election toward reducing the consumption tax rate on food items, either temporarily or permanently, but they are doing so with questions and caution.Lowering the consumption tax on food -- mostly at 8 percent -- is expected to help households hit by persistent inflation. However, some political parties have been criticized for proposing the idea solely to win votes in the upcoming election, while others have expressed concern about the potential economic consequen…READ FULL ARTICLE
