In my blog post – Japan about to walk the plank – again (September 30, 2019) – I predicted that the decision by the Japanese government to increase the sales tax from 8 per cent to 10 per cent on October 1, 2010 would undermine non-government spending and growth and was totally unnecessary anyway.
Source: economicoutlook.net
Latest Posts in "Japan"
- Japan Plans Temporary Suspension of 8% Food Consumption Tax Amid Inflation and Political Uncertainty
- IMF Assesses Japan’s Fiscal Policy, Advises Against Broad Consumption Tax Cuts in 2026 Report
- IMF Urges Japan to Rethink VAT Cut on Food Amid Fiscal Risk Concerns
- IMF Urges Japan to Reconsider Plans to Remove VAT on Food
- IMF Warns Japan Against Sales Tax Cut Amid Rising Debt and Borrowing Costs
