Japan auto makers oppose diverting road tax revenue

Newswire

By Yoko Nishikawa TOKYO, Nov 24 (Reuters) - Japanese auto makers on Thursday strongly opposed Prime Minister Junichiro Koizumi's call for broadening the use of revenue from a gasoline tax and other tariffs currently earmarked for road construction. The fate of the 3.5 trillion yen ($29.5 billion) a year revenue, equivalent to about 4 percent of the 82 trillion yen general budget, has been a politically touchy issue in Japan, where many ruling party barons have been known for seeking ...

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