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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“Hamburger shops are a dime a dozen in Tokyo these days, but there are very few places doing barbecue,” said Lauren Shannon, owner of Bulldog Barbeque (www.bulldogbbq.jp). By barbecue, Shannon doesn’t mean any old thing thrown on a grill, but rather the tradition of ...