People whose income comes solely from OP trades get tax cuts? Government proposal
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Now, the theme this time isThe government's tax reform proposal.
The government has entered into considerations to reduce the income deductions for employees' salaries.
Currently, the income deduction for salaries has a cap of 2.2 million yen for annual income over 10 million yen.
If this cap is lowered, it will trend toward higher taxes once annual income exceeds 8–9 million yen.
On the other hand, the “basic deduction,” which affects salaried workers and self-employed people, is scheduled to be increased.
If this proposal passes,people whose income comes only from options trading will experience tax cuts..
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