Japan government floats ~¥30,000/year income-linked benefit for ~20m people in FY2027-28

The Japanese government has presented to ruling and opposition parties, as "one reference", a plan to pay about ¥30,000 per person per year to about 20 million people in fiscal 2027-28 as the early introduction of the income-linked benefit for low- and middle-income earners. PM Takaichi had cited about 20 million people as a reference target; Finance Minister Katayama cited a ¥3.75m annual income cap, with eligibility and the cap not yet decided.

Detected & updated continuously · Source: Nebula