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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Iwao Hakamada worked at a miso processing company in Shizuoka Prefecture when he was arrested and later sentenced to death for the grisly murder of his boss, Fujio Hashimoto, as well as Hashimoto’s wife and their two children. Hakamada was 30 years old. The ...