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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For Mio Backhaus's latest contributions to The Japan Times, see below:
Stop me if you’ve heard this one. Two men aged around 50 enter a sushi restaurant. One orders a raincoat, the other a garage. What looks like the beginning of a “Monty Python” sketch is in fact the stuff of a most typical oyaji ...