Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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Michael Hoffman is a fiction and nonfiction writer who has lived in Hokkaido by the sea almost as long as he can remember. He has been contributing regularly to The Japan Times for 10 years. His latest novel is “The Naked Ear” (VBW/Blackcover Books, 2012).
For Michal Hoffman's latest contributions to The Japan Times, see below:
Imagine living in a culture with none or very little of the following: politics, economics, property, history, time, agriculture, money, war ambition, heaven, hell, progress, writing … “They’re dogs, not men!” snapped a certain Mr. Ito upon first encountering the Ainu of Hokkaido in ...
Few countries have broken with their past as sharply as Japan did. That was the price it paid for modernity. Japan in the mid-19th century had a beautiful, deep, highly refined culture that reached far down the social scale — but it was an ...
Every school child knows that in 1492 Christopher Columbus discovered America. Every school child knows wrongly. When the Genovese explorer’s three ships sailed westward from Palo de la Frontera, Spain, on Aug. 2, 1492, he was bound, he thought, for “the noble island of ...
‘Sonnō jōi!”: “Revere the Emperor, expel the barbarians!” The writing was on the wall long before the wall crumbled. Japan’s splendid isolation — splendid in its own eyes — would no longer be accepted. The outside world was growing restless. Nations were reaching out, ...
“The evolution of political thought in this relatively isolated island nation during the period in question is unique to the point of being somewhat freakish.” This gives a reader pause. Freakish? The judgment is historian Hiroshi Watanabe’s in “A History of Japanese Political Thought, ...