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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The ruling coalition was expected Monday evening to delay until the end of December the decision on whether to end the Tohoku reconstruction surcharge for companies a year earlier than planned, amid mounting criticism that it would not lead to wage hikes — one ...