Japan's Prime Minister Noda showed some details for his government's plan to double the consumption tax, as an introduction to pass the legislation in the Japanese parliament for discussion.

As, the Democratic Party today approved on final version of the legislation, as the members of the Democratic Party agreed last year to raise taxes by 8% in April 2014, and to 10% in October of 2012.

On the other hand, it is expected that a conflict will occur on the implementation of the project between the Democratic Party and the ruling Liberal Democratic Party, yet the Prime Minister Noda stated that the parties may reach an agreement.