Tag - consumption-tax-3

 
 

CONSUMPTION TAX 3

BUSINESS / Economy
Sep 9, 2013
Japan's April-June real GDP growth upgraded to annual 3.8%
An upward revision to Japan's gross domestic product gives the government yet another favorable signal for raising the sales tax next April.
BUSINESS / Economy
Sep 4, 2013
Japan can handle levy hike: 'Mr. Yen'
The nascent economic recovery is strong enough to weather an increase in the consumption tax to repair the government's finances, according to former senior Finance Ministry official Eisuke Sakakibara.
BUSINESS / Economy
Aug 31, 2013
Most on Abe's expert panel approve plan to hike sales tax
The government's expert panel on the planned consumption tax hike wrapped up discussions Saturday with more than 70 percent of its members supporting the plan as it now stands, saying Japan will suffer a much bigger economic blow if the tax isn't raised.
JAPAN / Politics
Aug 18, 2013
Adviser to Abe urges gradual raising of levy
Kyodo A special adviser to Prime Minister Shinzo Abe said Sunday the 3-point hike in the sales tax next April will cause a drastic decline in consumption and suggested that it instead be raised by 1 point a year for five years.
EDITORIALS
Aug 15, 2013
Strong enough for a sales tax hike?
Japan's annualized GDP growth has topped 2 percent for two straight quarters. But is economic recovery strong enough to go ahead with sales tax hikes starting next April
BUSINESS / Economy
Aug 9, 2013
A first: Nation's debt tops ¥1 quadrillion
The national debt exceeded ¥1 quadrillion for the first time, underscoring the case for Prime Minister Shinzo Abe to proceed with a sales tax increase to shore up government finances.
EDITORIALS
Aug 8, 2013
Social welfare reforms
A government panel's report on social welfare reform includes many issues that must be resolved, including how to cut costs without compromising the quality of health care.
Japan Times
BUSINESS / Economy
Aug 8, 2013
Politicians unwilling to revisit tax hike law: adviser
Lawmakers are reluctant to reopen legislation on the sales tax rise, raising the bar for Prime Minister Shinzo Abe should he seek a shallower path of increases, according to one of his advisers.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition