| Jun 25, 2010

Kan wades deep into tax hike fray


Despite misgivings in his own party, Prime Minister Naoto Kan has pledged to raise the 5 percent consumption tax in a few years to fund snowballing social security costs and avoid a fiscal crisis like the one that engulfed Greece. “We decided to break ...

| Jun 24, 2010

Parties focus on economy, taxes


With the campaign officially kicking off for the July 11 Upper House election, political parties are weighing in on rebuilding the economy and government finances, hoping their platforms will translate into votes. After a rocky nine months in power, the Democratic Party of Japan’s ...