Editorials Dec 18, 2018
Heavy fiscal measures to ease the impact of raising the consumption tax on households could raise doubts over the very purpose of the increase.
Business Dec 3, 2018
Trade dispute with U.S. may affect tax reforms in Japan, tax chief says
The tough stance U.S. President Donald Trump is expected to adopt on trade with Japan in a bid to win re-election in 2020 may affect the course of tax reform, according to Minoru Nakazato, chairman of the government's Tax Commission. Following the recent decision by ...
World / Politics Nov 16, 2017
Two Senate Republicans oppose party's tax plan, posing headwinds for Trump
A Senate Republican tax plan that would repeal the Obamacare mandate and give permanent tax cuts only to U.S. corporations drew fire from two Republican lawmakers on Wednesday in what could be a sign of trouble for the sweeping measure. Republican Sen. Ron Johnson of ...
Business Nov 3, 2017
Big GOP tax bill would cut rates but also gut popular breaks, including medical expenses
With fanfare and a White House kickoff, House Republicans unfurled a broad tax-overhaul plan Thursday that would touch virtually all Americans and the economy's every corner, mingling sharply lower rates for corporations and reduced personal taxes for many with fewer deductions for home-buyers and ...
Business Oct 26, 2017
Congress is trying to ram through a bill that would reshape the U.S. economy in just a few short weeks, but its leaders have kept the plan shrouded in secrecy and released not a word of legislative text. Sound familiar? The GOP is handling its ...
World / Politics Sep 14, 2017
Fresh off striking a budget deal with Democrats, Donald Trump is toning down his rhetoric and looking to cut deals on such American hot-button issues as immigration and tax reform in search of a much-needed legislative victory. Eight months in office, the Republican president is ...
World / Politics Sep 12, 2017
Veteran Republicans jump ship as dissatisfaction in Trump era deepens GOP divisions
Veteran Republicans are bailing on Congress in growing numbers, as GOP control of Washington fails to produce the unity or legislative successes party leaders wish for. With President Donald Trump willing, if not eager, to buck fellow Republicans and even directly attack them, a ...
Business Aug 31, 2017
Trump calls for 'pro-America' tax reform, presses Congress to deliver
U.S. President Donald Trump turned his populist rhetoric to tax reform on Wednesday, calling for "pro-American" business tax cuts as a way to create jobs and telling Congress that it needs to deliver. Speaking at a manufacturing company in Springfield, Missouri, Trump called on Democrats ...
Business / Economy Dec 10, 2015
Ruling parties approve tax changes, but have yet to define food eligible for low rate
Marathon tax-reform negotiations between the ruling coalition partners concluded Thursday with negotiators agreeing to reduce consumption tax on food, officials said.
Business / Economy Dec 24, 2013
Cabinet OKs higher household taxes but gives businesses a break
Prime Minister Shinzo Abe's Cabinet on Tuesday approved tax policy changes for fiscal 2014, imposing higher taxes on households despite a planned sales tax hike, while giving benefits to companies to shore up the economy. The new tax reform plan is estimated to make tax ...
Business / Economy Jun 10, 2013
Prime Minister Shinzo Abe said Sunday his government will finalize a tax break for corporate investment by this fall in addition to its already announced growth strategy. Abe, appearing on a television program aired by public broadcaster NHK, called the series of measures he had ...