The Japanese government is reportedly reconsidering the current regulation around the tax deduction for dependents who are high school students. Traditionally, families could claim a deduction on their taxes for their high-school-aged children, but this could potentially change as the government seeks new ways to bolster its economy. The exact timeline and specifics of this reform aren't yet clear; however, this news has sparked widespread discussion about the impact on household finances and the increasing financial pressure on high school students.
In Japan, financial relief for families with children in high school is seen as necessary to maintain a high standard of education. Any changes to this relief system, especially those that might increase families' financial burden, are bound to create social unrest. Furthermore, many high school students work part-time to support their personal expenses, and a change in tax policy may put additional strain on these students.
In comparison, many countries in the EU and the US also offer child tax credits, but the nature and extent of these benefits vary widely. For example, the US has expanded its child tax credit significantly due to the COVID-19 pandemic. That said, benefits tied to children's education level, like Japan's, would be considered quite uncommon in Western countries.