Japan eyes 50,000 yen handouts for each low-income household to fight inflation

18 comments

1. Not sure how this is going to help anything but, I’ll still accept it with a heartfelt thank you.

2. Just install a UBI already Japan. That’d help get people living and spending real quick.

3. Does this mean 50,000 for each household, or each individual within the household?

4. so the homeless and social security people get this only.. cos everyone is paying residence tax anyway

5. so the homeless and social security people only gets this cos everyone else is paying some residence tax.. nonsense..

6. Resident tax is payable from roughly 1 million yen a year upwards so the eligibility criteria are set ridiculously low. The majority of the struggling middle class will get nothing.

7. What is the threshold?

8. Probably make too much money to get this, which is bullshit.

9. Fight inflation with inflation

10. Well on the plus side at least its not vouchers this time.

11. Can they make that a monthly thing, please.

12. in reality this is probably over 75% of the population. I hope they don’t make this extremely difficult to receive.

13. Ummmm doesn’t just printing more money out of thin air literally worsen inflation?

14. Just stop taxing food and clothes.

15. Great idea! Just print more money 🤦🏽‍♂️

    The JPY to USD is looking great!

16. Only people who are exempt from paying residence tax are eligible. Guess I’ll just keep eating my cup ramen then…

17. Last time they gave away money the fruad was massive and basically rich people stole all the money.

18. Only people who are exempt from paying residence tax are eligible? So what small percentage ofthe country is eligible? This is crazy.