The Kishida Government has aroused the interest and expectations of the financial services industry by announcing a plan, slated to be unveiled by year-end, to double households’ asset-based income. However, the plan is unlikely to succeed unless improvements to NISAs and iDeCo accounts are coupled with something else besides tax incentives. I propose gifting a portion of the BOJ’s ETF holdings to the public.

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About the Author

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  Katsutoshi Takehana

  Group Manager

  Financial Market & Digital Business Research Department