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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Men lay prostrate on the floor in front of the elevated seat of their guru: the man they call Asaram Bapu. Pictures of his avuncular face, with its flowing white beard, hang everywhere in his sprawling 12-hectare ashram in Motera, western India.