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’s Food Tax Waiver Faces Year-Long Delay Due to Cash Register Challenges
- IMF Urges Japan to Gradually Raise Rates, Target Tax Relief to Vulnerable Groups
- Cross-Party Group Begins Talks on Consumption Tax Cut, Aims for Interim Report by Summer
- PM Takaichi Rules Out Future Consumption Tax Hike, Plans Refundable Tax Credit System
- Japan Plans Temporary Suspension of 8% Food Consumption Tax Amid Inflation and Political Uncertainty
