Aug 28, 2014

Additional sales tax hike difficult decision for Abe: adviser

Japan’s additional consumption tax hike planned for next year is a hard decision for Prime Minister Shinzo Abe to make, given a slowdown in the nation’s economic recovery, one of his advisers said Wednesday. Etsuro Honda, a special adviser on economic affairs, also indicated ...

Aug 18, 2013

Adviser to Abe urges gradual raising of levy

Kyodo A special adviser to Prime Minister Shinzo Abe said Sunday the 3-point hike in the sales tax next April will cause a drastic decline in consumption and suggested that it instead be raised by 1 point a year for five years. “The economic ...