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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Prime Minister Shinzo Abe on Monday reshuffled his senior vice ministers and parliamentary secretaries by appointing more women, his brother and the son of his flamboyant predecessor to senior government posts. His Cabinet, however, was not affected by the reshuffle. The move follows Abe’s ...