In the heated race to lead Japan's ruling Liberal Democratic Party (LDP), candidates are emphasizing relief for households suffering under persistent inflation as a central tenet of their fiscal strategies. They propose various tax reform measures but are conspicuously silent regarding precise funding plans.

The issue of inflation has contributed significantly to the ruling coalition's recent loss of parliamentary majority, creating urgency for the upcoming LDP leader, who will likely become the next prime minister, to restore public confidence by providing economic support without sacrificing fiscal discipline.

While major opposition parties have called for consumption tax cuts, the leading contenders have focused on alternative solutions, such as abolishing the provisional gasoline tax

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