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March 31, 2025
 

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TAXES

JAPAN
Jan 25, 2023
CDP questions Kishida on defense spending, nuclear power and child care
Calling for a snap election, the CDP's Kenta Izumi blasted the prime minister for pursuing a tax hike for defense spending without parliamentary discussion.
JAPAN
Jan 22, 2023
Kishida heads into parliamentary session with packed — and divisive — agenda
Contentious debates in the Diet over increased defense spending, policies aimed at children and extending the life of nuclear reactors could ultimately seal the prime minister's fate.
Japan Times
COMMENTARY / World
Jan 18, 2023
We’ll all pay for Uncle Sam’s cheap debt fantasies
By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call.
Japan Times
WORLD / ANALYSIS
Jan 14, 2023
Russia may hike taxes as military spending and oil price weigh on budget
Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have to raise taxes.
JAPAN
Dec 28, 2022
Kishida says election to come before tax hike for defense
Kishida has unveiled plans for a 60% increase in defense spending over five years.
BUSINESS / Economy / ANALYSIS
Dec 25, 2022
Japan's focus on defense spending casts doubt on growth
Whether 1.5% growth will be realized depends on corporate wage hikes and the inflation situation.
Japan Times
COMMENTARY / World
Dec 22, 2022
I’ve seen Trump’s tax returns and now you can, too
Former President Trump's questionable practices are hardly news. But these tax returns may point to a bigger question: Did the White House corrupt the IRS?
Japan Times
WORLD / Politics
Dec 22, 2022
Trump’s taxes: Red flags, big losses and a windfall from his father
The congressional Joint Committee on Taxation reviewed the Trump returns and found dozens of red flags that it believed required further investigation.
Japan Times
WORLD
Dec 21, 2022
Trump’s tax records poised for release as Democrats vote
Tuesday's action by the Ways and Means Committee comes one day after Trump was referred for criminal prosecution by another House panel.
JAPAN / Politics / FOCUS
Dec 16, 2022
Kishida punts on tax hikes for defense amid backlash from his own party
Kishida, who had been pushing for tax increases in stages, was forced to back off from a specific timetable as opponents press for alternate funding.
BUSINESS / Economy
Dec 16, 2022
Tax reform package takes on defense spending and individual investors
Ruling coalition approves proposal after debate over plan to hike taxes for a bolstered defense budget.
JAPAN
Dec 15, 2022
Same levy, different name: Reconstruction tax to be shifted to defense spending
The ruling Liberal Democratic Party's latest plan to fund a defense budget hike is to create a new defense tax.
Japan Times
COMMENTARY / Japan
Dec 15, 2022
The fight to build up Japan’s military is just beginning
The famously pacifist nation's plans to double defense spending are both welcome and overdue. Now Japan needs to find a way to pay for them.
BUSINESS
Dec 15, 2022
Japan plans higher taxes, but only on small group earning over ¥3 billion
The idea of imposing higher taxes on the wealthy stems from the fact that the tax rate on overall earnings begins to decrease once an individual's income exceeds u00a5100 million.
JAPAN / Politics
Dec 14, 2022
Defense spending debate threatens to divide ruling Liberal Democratic Party
Rather than raising taxes, some LDP lawmakers want the prime minister to issue government bonds.
JAPAN / Politics
Dec 13, 2022
Sanae Takaichi stands by criticism of plan to hike taxes for defense budget
The criticism came after Kishida on Thursday instructed the ruling parties to consider tax hikes to secure some u00a51 trillion to partially cover higher defense spending.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
School-age suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
In Tokyo, Pentagon chief provides assurances that Japan-U.S. alliance remains robust
Defense Minister Gen Nakatani (left) and U.S. Secretary of Defense Pete Hegseth review an honor guard during a welcome ceremony at the Defense Ministry in Tokyo ahead of their talks Sunday.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.
Who among the opposition would join the ruling coalition?
Prime Minister Shigeru Ishiba enters his office in Tokyo on Friday.
Traveling the Three-Star Road, the tourist route made from thin air
Scenes like this snow-covered bridge leading to the village of Shirakawa-go are what make the Three-Star Road worth traveling — its name notwithstanding.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.

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