|Japan has a Yen for government spending.|
Big Govenment politicians from all parties in Japan suck the
workers dry to fund spending programs.
A 100% Tax Increase - Leftist Big Government is the same the world over
- Tax and spend and tax and spent and tax and spend.
Yoshihiko Noda, Japan's prime minister, has won initial approval for his signature tax-increase plan, but enough fellow party members voted no to threaten a split, which could trigger an early election.
The plan to double the sales tax to 10 per cent over three years was approved by the lower house on Tuesday and is seen as a first step towards curbing Japan's snowballing public debt, which already exceeds two years' worth of its economic output, a record for an industrialised nation reports Aljazeera News.
A compromise struck with the opposition in mid-June allowed Noda to break months of policy gridlock and secure the plan's comfortable passage in parliament by 363 to 96 votes.
But 57 legislators from Noda's Democratic Party of Japan voted against the bill.
Ichiro Ozawa, a powerful Democrat, was quoted by another politician as saying he would not quit after voting against the tax and would instead work to revive the party.
Ozawa, 70, is credited for masterminding the party's 2009 election triumph, but argued the tax increase is a departure from a party platform that promised to curb the powerful bureaucracy and cut wasteful spending before raising taxes.
Ozawa had previously suggested he could leave and form a new party with his followers.
|Big Government Socialist politician cannot stop themselves |
from spending other people's money to buy votes.
Party strength in Japan's lower house of Parliament.