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What is causing the rice price crisis in Japan?
The rice price crisis in Japan is primarily driven by increased demand, distribution issues, and potential hoarding. These factors have led to a surge in prices, causing frustration among consumers and prompting calls for government intervention.
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How are rising prices affecting public sentiment ahead of elections?
Rising rice prices have significantly affected public sentiment, contributing to record-low approval ratings for Prime Minister Shigeru Ishiba's administration. Many citizens feel that the government's efforts to control prices have been inadequate, leading to increased discontent as elections approach.
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What measures is the government considering to address this issue?
In response to the rice price crisis, the Japanese government is considering various measures, including the release of stockpiled rice to stabilize prices. However, these efforts have had limited success, and there is growing pressure on the government to implement tax relief measures.
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What do polls say about public support for tax relief?
Recent polls indicate strong public support for tax relief measures, with 87% of respondents believing that the government's actions to control rice prices have been insufficient. This sentiment is pushing opposition parties to advocate for cuts to the consumption tax to alleviate financial pressures on households.
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How is the ruling party responding to public demands for relief?
Despite significant public demand for tax relief, the ruling Liberal Democratic Party (LDP) remains resistant to making changes to the current tax structure. The party emphasizes fiscal responsibility, which has led to a tension between public expectations and government policy.