Tag - consumption

 
 

CONSUMPTION

Japan Times
JAPAN / Politics
Dec 17, 2015
Putting politics over economics, Abe may stall sales tax hike, call for double Diet poll next summer
Prime Minister Shinzo Abe may put off a sales tax rise and call a snap Lower House election next summer, in tandem with a poll for the upper chamber, imitating a winning strategy he used a year ago, some advisers and political sources say.
EDITORIALS
Dec 15, 2015
The consumption tax mess
It's questionable whether the government's plan to introduce a lower tax rate on food products is the best way to help lower-income households.
Japan Times
BUSINESS
Dec 14, 2015
Abe's tax compromise raises odds of twin summer polls
Abe may now be able to persuade his ally Komeito to agree to a snap Lower House election on the same day as an upper chamber poll.
BUSINESS / Economy
Dec 12, 2015
Ruling coalition clinches deal on food tax rate
The Liberal Democratic Party and Komeito finalized plans to apply a lower sales tax rate to food purchases, a measure that will cost u00a51 trillion in revenue.
BUSINESS
Dec 9, 2015
Low tax on food will hurt the poor, say economists
Political negotiations between the nation's ruling coalition are approaching a showdown over the unpopular consumption tax, which is set to rise to 10 percent from 8 percent in April 2017. A sweetener being considered has drawn scathing criticism from many economists.
Japan Times
BUSINESS / Economy
Oct 14, 2015
Abe orders reduced rates to cushion blow from 2017 tax hike
The prime minister instructs the new tax panel chief to introduce special reduced tax rates for certain products in time for the planned April 2017 consumption tax hike.
Japan Times
BUSINESS / Economy
Oct 13, 2015
Retailers warn of dismal spending; sales tax hike seen stifling demand
Do not believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lackluster consumer spending, a key growth engine for Japan at a time when exports and factory output are stalling.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Sep 26, 2015
Inevitable looming consumption tax hike keeps the LDP awake at night
The LDP is in a tough spot between an public wary of consumption tax hikes and a Finance Ministry unwilling to budge on the promised move to a 10-percent levy.
Japan Times
BUSINESS / Economy
Sep 18, 2015
Consumer spending recovery hampered by pension payment cuts
More than a year after a consumption tax increase tipped Japan into a recession, efforts to clamp down on soaring pension payments are suppressing a recovery in consumer spending.
BUSINESS
Sep 15, 2015
Ruling bloc agrees to keep targeted consumption tax reductions as option
The ruling Liberal Democratic Party and Komeito have agreed to keep a proposed reduced rate for certain items as an option in their discussions on how to cushion the impact of the next consumption tax increase.
BUSINESS
Sep 15, 2015
Komeito wants reduced tax rate proposal kept alive
Japan should not rule out imposing a lower rate of consumption tax on certain goods, the head of Komeito told party lawmakers Tuesday.

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