consumption-tax

Previous consumption-tax proposals have run into political obstacles, including interest groups such as the real-estate industry, which benefits from the current system, and retailers, who fear the impact of higher taxes on sales.

Flat Tax Seen as Savings Booster John D. McKinnon 2011

Mr. Edano is also a proponent of fiscal reform and supports a consumption-tax increase to fund rising social welfare costs.

Battle for Japan Premiership Takes Shape Toko Sekiguchi 2011

He said the government will take the unpopular step of presenting a proposal for a consumption-tax increase — currently at 5% — by June to fund growing social-security costs.

Kan Calls for Cooperation Despite Opposition Toko Sekiguchi 2011

Even if they did, the consumption-tax hike is the wrong tax at the wrong time.

The Wrong Tax for Japan Richard Katz 2011

Mr. Edano is also a proponent of fiscal reform and supports a consumption-tax increase to fund rising social welfare costs.

Battle for Japan Premiership Takes Shape Toko Sekiguchi 2011

Some of these come with the usual paternalistic rhetoric of protecting the French from themselves, such as higher consumption-tax rates on soft drinks, cigarettes and liquors.

Paris vs. Reality Emmanuel Martin 2011

The proposal for a consumption-tax increase, and the end-March deadline to submit a plan to Parliament, originally came from the opposition.

Japan's Noda Calls for Consumption Tax Debate Toko Sekiguchi 2012

The controversy will likely further complicate Mr. Kan's efforts to pass a budget for the fiscal year that starts in April and to advance a tax overhaul that is expected to include a consumption-tax increase and a lower rate for corporations.

Japanese Ruling Party Faces Revolt Toko Sekiguchi 2011

The Liberal Democratic Party has pledged to use its control of the Upper House to block any consumption-tax increase.

The Wrong Tax for Japan Richard Katz 2011

"Possible candidates to be the next prime minister, such as Finance Minister Naoto Kan and National Strategy Minister Yoshito Sengoku, are more eager to consider raising the consumption-tax rate," said Credit Suisse chief economist Hiromichi Shirakawa.

Japanese bond yields fall 2010