Public sentiment in Japan rises as over 70% of the population supports tax cuts amid increasing living costs, according to a recent Jiji Press survey. The ballooning costs of daily necessities have triggered widespread discussions and demands for the Japanese government to review and adjust its current taxation policies. This matter has major ramifications for the country's economy and has been escalating in significance in recent months.

Population aging and declining birth rates have put considerable pressure on Japan's economy. Rising living costs, coupled with tax policies, have become the subject of intense debate. People's concerns largely revolve around the nation's economic stability and prosperity, an essential social value. The government's response to the growing demand for decreasing taxation is anticipated with great interest.

In the US or EU, tax policies and cost of living are also hot-button issues. Rising costs can lead to increased government scrutiny concerning economic policies, and potential adjustments to taxation to alleviate financial stress on citizens. The main difference, however, is the unique demographic pressures faced by Japan, which greatly magnify these concerns.