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LDP, DPJ chiefs talking coalition?

Date Posted: 2012-03-09

Talk’s floating around Tokyo that senior officials of the ruling Democratic Party of Japan and the chief opposition Liberal Democratic Party are discussing a ‘grand coalition’ to be established following the next elections, but denials are almost as strong as the sources saying it could happen.

Leaders of the two parties are said to be wanting to forge a relationship that will permit passage of a bill to raise the country’s 5% consumption tax to 8% in April 2014, and to 10% in October 2015. Sources say many leaders, lead by a local party headed by Osaka’s Mayor, Toru Hashimoto, consider the country on the verge of crisis. Hashimoto is viewed as an up-and-coming reformer ready to break onto the national political scene.

Political observers think Hashimoto’s local party of young people could sweep into key positions in the next elections, doling a crushing blow to the LDP and DPJ.

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