Tokyo: Japan could face snap elections next month, two years ahead of schedule, if Prime Minister Shinzo Abe moves to pump his public support by delaying another unpopular tax hike as the economic recovery slackens, media said today.
The first jump in sales tax, which came into effect in April, knocked a tentative revival off course and was blamed for a sharp fall in Japan's second-quarter growth.
Commentators are coalescing around the idea that Abe will rule out a second rise, from 8 to 10 per cent, and seek a popular mandate that would help him vanquish mumblings of discontent within his own Liberal Democratic Party and catch the still-battered opposition unprepared.
The LDP and its junior coalition party Komeito have begun preparations for a vote on either December 14 or 21, four other major national papers said.
Reports of an election come ahead of the release of the third quarter GDP data on Monday, which the government has for a long time said will inform the decision on pressing ahead with the sales tax hike scheduled to take effect in October next year.
The mass-circulation Yomiuri Shimbun was among media saying today that the rise would be delayed by 18 months to April 2017.
Last month's surprise inflation of the Bank of Japan's already-huge monetary easing programme, which sent a ripple of excitement through the markets and lit a rocket under stock prices, was also propitious.
"A snap election could have the virtue of giving the government a stronger mandate as it struggles to push ahead with structural reform," it said.
Mikitaka Masuyama of the National Graduate Institute for Policy Studies said Abe's calculation was nakedly political.
"It could slash the number of their seats in the parliament, but the size of the decrease would be limited at this time," Masuyama added.
Public support for the Abe administration is hovering around 50 per cent, the lowest levels since he took power in December 2012, according to three polls conducted last weekend by public broadcaster NHK and two major papers.
More than 70 per cent of voters are against the tax hike scheduled for October next year, the polls said.
The first jump in sales tax, which came into effect in April, knocked a tentative revival off course and was blamed for a sharp fall in Japan's second-quarter growth.
Commentators are coalescing around the idea that Abe will rule out a second rise, from 8 to 10 per cent, and seek a popular mandate that would help him vanquish mumblings of discontent within his own Liberal Democratic Party and catch the still-battered opposition unprepared.
The LDP and its junior coalition party Komeito have begun preparations for a vote on either December 14 or 21, four other major national papers said.
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Reports of an election come ahead of the release of the third quarter GDP data on Monday, which the government has for a long time said will inform the decision on pressing ahead with the sales tax hike scheduled to take effect in October next year.
The mass-circulation Yomiuri Shimbun was among media saying today that the rise would be delayed by 18 months to April 2017.
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Last month's surprise inflation of the Bank of Japan's already-huge monetary easing programme, which sent a ripple of excitement through the markets and lit a rocket under stock prices, was also propitious.
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"A snap election could have the virtue of giving the government a stronger mandate as it struggles to push ahead with structural reform," it said.
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Mikitaka Masuyama of the National Graduate Institute for Policy Studies said Abe's calculation was nakedly political.
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"It could slash the number of their seats in the parliament, but the size of the decrease would be limited at this time," Masuyama added.
Public support for the Abe administration is hovering around 50 per cent, the lowest levels since he took power in December 2012, according to three polls conducted last weekend by public broadcaster NHK and two major papers.
More than 70 per cent of voters are against the tax hike scheduled for October next year, the polls said.
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