Japan Sales Tax Increase Could Hurt The Fragile Economy

Japan’s Prime Minister, Yoshihiko Noda took control in September 2011, has had sales tax on his agenda and finally we are seeing his party, Democratic Party of Japan, submitting a bill to increase the sales tax. The bill proposes an increase from the current rate of 5% to 8% in 2014, then to 10% in 2015. This all is for helping Japan pay off some . . .


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