Japan's tax income hits record, surplus will help fund defence plan

Contributing sentiments towards policy:

56% : The government plans to spend it on part of the plan to double the military spending.
56% : Annual tax revenue is settled in May when tax payments from companies that closed the book for the March financial year and sales tax receipts are calculated.
52% : Government accounts showed Japan raised 71.1 trillion yen ($491.53 billion) in tax for the fiscal year that ended March, thanks to a windfall from price hikes, the weak yen's boost to import bills and wage hikes, all of which pushed up sales and income tax revenues.
48% : Japan has the industrialised world's heaviest debt burden and the government has struggled to scrape together tax revenue to fill the funding gap to secure 43 trillion yen for five years to boost its defence spending plan.

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