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Touchy tax bill could see Friday vote

Date Posted: 2012-08-10

Prime Minister Yoshihiko Noda is pushing hard to bring his controversial sales tax bill to a vote in the Diet, and wants to see it happen this week.

The Prime Ministerís been making concessions to the opposition Liberal Democratic Party, first offering an August 20th target date for a vote. The LDP wants the vote quickly, while the ruling Democratic Party of Japan, which has many opponents in its ranks, wants more talk and less action. The bill has already passed the Lower House, and now goes in front of the House of Councilors.

Noda is still making concessions, while sending his DPJ Diet Affairs Chief, Koriki Jojima, to talk the issue with his LDP counterpart, Fumio Kishida. The goalís to get the bill passed, allowing the government to issue deficit-covering bonds for the current fiscal year.

New Komeito, Japanís second largest opposition party behind the LDP, wants everyone to walk softly, lest they unravel agreements already in place between the DPJ and the LDP on a trilateral tax hike bill.

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