Edging closer to an election
Opposition parties in Japan have refused to enter in to talks with the government over tax reform and social security payments.
The main opposition Liberal Democratic Party, along with the New Komeito Party, Japan Communist Party, Sunrise Party, Your Party and Social Democratic Party have all said that they will not talk with the government and that the lower house should be dissolved and an election called.
Prime Minister Yoshihiko Noda has already said that if he doesn’t get his tax reforms through the Diet by the end of the fiscal year then he might call an election.
The Prime Minister wants to raise sales tax from 5% to 8% by April 2014 and to 10% by October 2015. Prime Minister Noda has seen his approval ratings fall from around 60% when he came in last year to 31% in a new poll this month.
Meanwhile nine defectors from the ruling Democratic Party of Japan (DPJ) have launched a new party entitled the Kizuna Party. The new party has said that it will work with the government on a case by case basis.