Key Facts
• August 4: Reiwa Shinsengumi MP Akiko Oishi questioned PM Ishiba in a Diet session.
• Oishi accused the government of misusing ¥500 trillion in collected consumption tax.
• ¥300 trillion allegedly went to corporate tax cuts and subsidies for capitalists.
• Oishi criticized the 2024 budget for allocating only ¥37.7 trillion to social security.
• Citizens bear ¥80.3 trillion in social insurance premiums annually, plus consumption tax.
• Oishi claimed a model citizen earning ¥300,000/month pays ¥60,000 in social insurance.
• She argued this financial burden prevents childbirth and threatens national survival.
• Oishi condemned agreements by the ruling coalition to cut ¥4 trillion in medical costs.
• She criticized both ruling and opposition parties for opposing deficit-financed policies.
• Oishi urged reforms, including reducing social insurance premiums and utilizing foreign exchange reserves.
Summary
During an August 4 Diet session, Reiwa Shinsengumi MP Akiko Oishi criticized Prime Minister Ishiba and the ruling coalition for their fiscal policies. She accused the government of misusing ¥500 trillion in consumption tax revenue, with ¥300 trillion allegedly diverted to corporate tax cuts. Oishi highlighted the heavy financial burden on citizens, citing a model case where a person earning ¥300,000/month pays ¥60,000 in social insurance premiums. She argued that such policies hinder childbirth and threaten Japan’s future. Oishi also criticized the 2024 budget for insufficient social security funding and condemned bipartisan resistance to deficit-financed reforms. She called for reducing social insurance premiums and utilizing foreign exchange reserves to address these issues.
