Manifesto 2010

DPJ

Strive to keep FY11 JGB issuance below previous year
Launch cross-party talks to overhaul tax system, including consumption tax hike
Halve FY10 primary deficit within five years
Achieve primary surplus by FY20
Simplify and review corporate tax system to enhance international competitiveness, attract foreign investment
Achieve nominal GDP growth of 3%; 2% in real terms on average by FY20
Fight deflation by cooperating with Bank of Japan
Expand monthly child care subsidy (now 13,000 yen); provide additional funds for day care, lower healthcare charges for children, free school lunches
Exclude children living overseas from child care subsidies starting FY11
Deepen Japan-U.S. alliance by strengthening comprehensive security, economic, cultural ties
Facilitate relocation of Futenma air base based on Japan-U.S. accord; strive to reduce burden on Okinawa
Cut lower, upper house seats; reduce upper house by some 40 seats; lower house proportional representation seats by 80
Extend ordinary Diet sessions to make them year-round
Phase out expressway tolls
Deliberate postal reform bill at next Diet session; enact as soon as possible

LDP

Achieve primary surplus for both central and local governments within 10 years
Raise consumption tax to 10% to fund social welfare
Strive for 4% nominal GDP growth in within three years
Reduce corporate tax rate to 20% range; broaden tax base
Nurture financial sector; boost its share of GDP to 8% level from current 5.8%
Increase worker incomes by 50% within 10 years
Overhaul child allowance scheme
Start university school year in September to foster volunteerism by high school graduates
Strengthen Japan-U.S. alliance; reduce burden on Okinawa, facilitate realignment of U.S. forces in Japan
Resume MSDF refuelling missions in Indian Ocean
Seek 10% cut in lower and upper house seats in three years and 30% in six years
Allow bureaucrats to answer questions in Diet
Complete Yanba Dam project
Cut greenhouse gas emissions by 15% from 2005 levels by 2020
Revise Article 9 Clause 2 of the Constitution to stipulate Japan's right to self-defense
Oppose bill calling for dual surname system
Oppose bill granting foreign residents right to vote in local elections

New Komeito

Offer incentives to low-income earners when revising consumption tax
Collaborate with BOJ to set a 1-2% inflation target
Improve safety around Futenma air base
Uphold clauses 1 and 2 in Article 9 of the Constitution; cautiously study role of SDF, its international contribution

Japanese Communist Party

Oppose raising consumption tax to offset shortfall in corporate tax revenue
Abolish special 10% tax rate on capital gains, dividends; restore original 20% rate; impose a 30% or higher tax rate on wealthy investors
Raise maximum income and inheritance tax rates
Cancel Japan-U.S. agreement on Futenma air base relocation, seek its unconditional removal
Cancel negotiations on Japan-U.S. Free Trade Agreement, Japan-Australia Economic Partnership Agreement

Social Democratic Party

Oppose consumption tax hike
Apply more progressive taxation to individual income
Oppose relocation of Futenma air base to Henoko, Nago; seek its removal from Japan
Overhaul Japan-U.S. Status of Forces Agreement; cut host nation support for U.S. military bases
Ban political donations by corporations and organizations

People's New Party

Implement 100 trillion yen economic stimulus package over three years to expand the economy by more than 5% in nominal terms
Implement large-scale public works projects financed by general budget, postal savings, postal insurance funds within five years
Reduce concentration of U.S. military bases in Okinawa by transfering bases and training facilities; strengthening collaboration between SDF, U.S. forces
Use postal savings and postal insurance funds to buy local government bonds specially issued by depopulated regions
Allow local post offices to extend emergency and small-scale loans to individuals, small businesses

Your Party

Maintain current consumption tax rate for three years; concentrate on reforms
Reduce corporate tax rate to 20% range
Slash national public servants by 100,000 from current 310,000 by dividing Japan into larger administrative blocks; abolish ministries' local agencies
Cut lower house to 300 seats, upper house to 100
Maintain basic framework of postal privatization created before DPJ came to power

The Sunrise Party of Japan

Raise consumption tax by 3 percentage points starting FY12, allocate revenues to social welfare spending; after economy picks up, raise consumption tax by 4-7 percentage points
Seek income tax cut equivalent to 1% consumption tax; reduce corporate tax rate by 10 percentage points
Set numerical targets to boost private lending, e.g. 10% annual increase; collaborate with BOJ to encourage investment
Reduce lower house members to 400 and upper house members to 200
Loosen greenhouse gas emissions cap (currently calling for 25% cut by 2020), change to 15% reduction

New Renaissance Party

Raise consumption tax rate to more than 10% around 2020
Reduce corporate tax rate from to 25% from 41% at present
Adopt inflation targeting; induce mild inflation of 1-2%
Halve number of lower and upper house seats
Abolish "golden parachutes" allowing retired bureaucrats to land cushy jobs at public corporations