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.
27
P/SUNNY
For Richard A. Lovett's latest contributions to The Japan Times, see below:
Michael Jensen, a researcher at the Mayo Clinic, in Rochester, Minnessota, is talking on the phone, but his voice is drowned out by what sounds like a vacuum cleaner. “I’m sorry,” he says. “I’m on a treadmill.” David Dunstan, an Australian researcher, uses a ...