Europe lowered consumption tax, while the IMF says not to. What is the issue with Japan's 1% tax on food items?
Published on: Tuesday 13 October 2026
Some countries in Europe have lowered their consumption tax. Why does the IMF tell Japan "not to lower it"?Overseas countries lowered it. So why is Japan being told "not to lower it"?Some countries in Europe lowered their value-added tax (the equivalent of Japan's consumption tax) as a measure a