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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“Mingei” translates as “folk art” and is connected to objects that are made or used by ordinary people on an everyday basis. Usually this evokes hand-crafted objects, such as ceramics, baskets, items of woodwork, etc. As such, the term is evocative of the era ...