Gov't fiscal targets slip further as tax revenue falls

even according to its most optimistic forecasts

And, according to NHK last night, I believe that was an economic growth rate of 3%, which seems implausible. So all these figures will be worse. But, hey, just keep building those roads to nowhere, concreting the rivers and throwing tetrapods in the sea. The future will pay for it just as it all deteriorates and becomes a hazard to health and safety. Same old same old.

Falling tax revenue? Go figure, it should be going up, well the numbers wont come out until after tax season this year, but there should be a jump in overall tax revenue.

That is what the "My Number" system was all about, as there is supposedly billions or trillions of yen not collected

@Yuburu. Yes, My Number is nothing but an attempt by the government to make sure no one makes a buck without the government being first allowed to shave 1/3 off the top.

@Prime Minister Abe. The top story on this web page shows that ¥48 billion is available for really important things if you're serious about helping the country.

No surprise there: the LDP have been missing their budget deficit reduction targets for years. Abe will blame Trump, rather than his own failed Abenomics.

@Yuburu. Yes, My Number is nothing but an attempt by the government to make sure no one makes a buck without the government being first allowed to shave 1/3 off the top.

Where do you get the 1/3 number from?

Population declines. Revenue from taxes declines. Makes sense to me.

Sorry Abe-kun, but I do not think it is a law yet that says we have to make up for the declining population and declining revenue by buying more things we do not need. Try not giving away billions to communist countries for a start.

Prime Minister Shinzo Abe last year shifted policy to prioritise infrastructure spending over fiscal discipline

Everything is a priority for Abe, but none of it ever gets done. The number one issue in Nagatacho now is debating about how to let the Emperor abdicate.

Gee. A big surprise that consumer spending is down(consumption tax increase result) and tax revenue down(less disposable income leads to lower spending and decreased tax revenue). Big, Fat, TOLD YOU SO!