In mid-December, a new right wing government was elected in Japan. Some people have even described it as “far right”. So, now it’s in office, what has it done?
The first concrete policy announcement was a Â¥20 trillion (about $200 billion) spending package to boost the economy, with an emphasis on public works, such as reconstructing Tohoku, improving the earthquake resistance of schools, and testing and repairing ageing infrastructure.
The second concrete policy announcement was a rise in the top rate of income tax from 40% to 45%, and in the top rate of inheritance tax from 50% to 55%, with the explicit goal of reducing income inequality in society.
Just like the UK Conservatives or US Republicans, then. Right? Really?