There should be an overall picture of feasible social security benefits and burdens, and a regional financial system should be set up to ensure a national minimum
Attention should be paid to individual policies relating to public finance, and particularly to the judgment of each party in the following two areas. The first, needless to say, concerns the social security system. Reform of the social security system has recently become an important policy issue, but a sustainable system has yet to be established. Inequality between the generations in the benefit and burden of pensions has been ignored, and supply-side reforms in the medical system are stranded on a reef. We are already within shooting distance of 2025, the year when the aging society will reach its peak, so we are no longer at the stage where abstract terms such as "future security" will suffice. We need to be shown an overall picture of realizable benefits and burdens.
The second is local finance. After the external standard tax2 was announced by Tokyo Metropolitan Government, local taxation became the focus of interest, but the external tax itself is not such a problem. What is important is how to create a coordinated system using tax allocated to local governments. There can be no decentralization without changing the current tax allocated to local governments. Local tax revenue sources must be expanded by external taxation etc., but this should be discussed in tandem with the curtailment or abolition of tax allocated to local governments.
The aim of the system of tax allocated to local governments is the "balancing of revenue resources" between local governments. Just as the phrase "balanced land development" permitted lavish distribution of public works, so the "balancing of revenue resources" brought tension-free public finance.
