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May 17, 2024
 

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CONSUMPTION

EDITORIALS
Oct 2, 2013
Consumption tax raise misdirected
Prime Minister Shinzo Abe confirms that the government will raise the sales tax from 5 to 8 percent beginning in April. But will the tax hike lead to an economic downturn
BUSINESS / Economy
Oct 2, 2013
Abe trying to strike a delicate balance
When Prime Minister Shinzo Abe met the news media after deciding to raise the consumption tax next April, he stressed that his administration can pursue economic growth and fiscal discipline at the same time.
Japan Times
JAPAN / Politics
Oct 1, 2013
April to see sales tax hike, Abe confirms
Prime Minister Shinzo Abe goes ahead with raising the consumption tax while also offering a ¥5 trillion stimulus package to offset the negative impact on consumer spending.
Japan Times
BUSINESS / Economy
Oct 1, 2013
Abe banking on ¥5 trillion in stimulus
Shinzo Abe's future as prime minister may well depend on how well the ¥5 trillion stimulus package cushions the economy from the tax-hike blow.
BUSINESS / Economy
Sep 30, 2013
Tax hike counter-stimulus approaches ¥6 trillion
A stimulus package designed to buffer the economy from next year's consumption tax hike will be worth u00a56 trillion, officials say.
BUSINESS / Economy
Sep 25, 2013
LDP proposes big tax breaks for businesses
The Liberal Democratic Party has proposed around ¥300 billion in tax cuts to invigorate business investment, a pillar of Prime Minister Shinzo Abe's economic growth plan, executives of the LDP's tax panel said.
EDITORIALS
Sep 21, 2013
Questions surround sales tax raise
As the April 2014 consumption tax increase nears, the Abe has yet to come up with a convincing reform plan to reduce people's worries about their lives in the future.
JAPAN / Politics
Sep 19, 2013
Cash handouts of ¥10,000 eyed for poor after tax hike
To cushion the impact of the first stage of the consumption tax hike, the government plans to distribute cash payments of ¥10,000 to ¥15,000 to people with low incomes, sources said Wednesday.
Japan Times
BUSINESS / Economy
Sep 16, 2013
Improved economic signs support consumption tax hike: Hayashi
Given the improving economic climate, the 3-point consumption tax hike should go ahead as scheduled next April, agriculture minister Yoshimasa Hayashi said at a business conference Monday.
Japan Times
JAPAN / Politics
Sep 15, 2013
50% against hiking sales tax in April: poll
The public is nearly evenly divided over whether the sales tax should rise next April, but not over Prime Minister Abe's remarks about the Fukushima water crisis.
JAPAN
Sep 14, 2013
Japan Post plans first price hikes in 20 years to offset sales tax increase
Japan Post Co. plans to raise prices for the first time in 20 years if the administration proceeds with the first stage of the consumption tax hike next April, officials said.
BUSINESS / Economy
Sep 12, 2013
Abe to raise sales tax to 8% as scheduled
Prime Minister Abe has decided to proceed with the first stage of the consumption tax hike next April and throw in more stimulus to offset its impact.
BUSINESS / Economy
Sep 9, 2013
Japan's April-June real GDP growth upgraded to annual 3.8%
An upward revision to Japan's gross domestic product gives the government yet another favorable signal for raising the sales tax next April.
JAPAN
Sep 8, 2013
Government considers lowering bar for corporate tax break to spur pay raises
The government will consider lowering the bar for a tax cut for companies giving wage hikes to minimize any slowdown in consumption after the planned sales tax increase in April, sources close to the matter said Sunday.
Japan Times
BUSINESS / Economy
Sep 5, 2013
Failure to raise sales tax 'could hurt bond prices'
Bank of Japan Gov. Haruhiko Kuroda has urged the government to stick to its plan to raise the sales tax in April, saying Japanese government bond prices could collapse if it fails to do so, official sources said Wednesday.
BUSINESS / Economy
Sep 4, 2013
Japan can handle levy hike: 'Mr. Yen'
The nascent economic recovery is strong enough to weather an increase in the consumption tax to repair the government's finances, according to former senior Finance Ministry official Eisuke Sakakibara.
BUSINESS
Sep 3, 2013
Diet may discuss stimulus budget in early '14
The administration may submit an extra budget to the Diet early next year to stimulate the economy amid fears over the negative impact of the planned consumption tax hike in April, Finance Minister Taro Aso said Tuesday.
BUSINESS / Economy
Aug 31, 2013
Most on Abe's expert panel approve plan to hike sales tax
The government's expert panel on the planned consumption tax hike wrapped up discussions Saturday with more than 70 percent of its members supporting the plan as it now stands, saying Japan will suffer a much bigger economic blow if the tax isn't raised.
BUSINESS
Aug 30, 2013
Gov't to introduce tax breaks to realize growth strategy
As part of its growth strategy, the administration plans to introduce a set of tax breaks to encourage companies to purchase new equipment and help hospitals and inns make their buildings more resilient to earthquakes.
JAPAN
Aug 28, 2013
Opinions of experts in panel divided on planned sales tax hike
Opinion is divided over whether Prime Minister Shinzo Abe should proceed with a sales tax hike next year as planned, a Kyodo News poll of a government panel of experts showed Wednesday.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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[Rebroadcast] Japan is doing better on accessibility than you may think

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By Mai Yoshikawa

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