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Politics

Japan to double consumption tax

dailyexpress.co.uk (9 months and 11 days ago)

Aug 10, 2012

Japan's parliament has passed a bill to double the country's consumption tax over the next three years. full story

Japan’s public debt: Don’t mention the debt

TO REVIVE Japan’s economy Shinzo Abe, its prime minister, has loosed three arrows. Temporary fiscal stimulus, monetary easing and structural reform together make up the strategy known as “Abenomics”. But many reckon there needs to be a fourth dart in the quiver: fiscal consolidation over the longer term to tackle the country’s vast public debt, which is expected to approach...

economist.com (19 days ago)

Goldman Pours Cold Water On The Inflation Expectations In Japan

Inflation expectations (CPI this evening) have risen on expectations surrounding Prime Minister Abe’s policies and bold BOJ monetary easing under Kuroda. In developed economies, inflation expectations are often measured using the breakeven inflation rate (BEI) embodied in inflation-indexed government bonds. And sure enough much has been made of the rise in so-called JGBi's...

zerohedge.com (8 days ago)

Is the Bank of Japan Really Easing -- or Does It Just Want to Depreciate the Yen?

Big news! The Bank of Japan is set to double Japan’s money supply – or at least that is what Bank of Japan governor Haruhiko Kuroda is currently saying. I have to enter this caveat because as a veteran of 27 years of Japan watching from a base in Tokyo, I have long since become rather skeptical of statements from the Bank of Japan and other key Japanese government agencies....

forbes.com (1 month and 16 days ago)

In Praise Of The Internet Sales Tax

The gents over at the AEI have a couple of posts arguing that the imposition of sales tax on internet sales is a great idea. Assuming, of course, that other taxes are cut by hte States to make the change revenue neutral. One is here, the other here: “A broader sales tax base for states and a federal policy that encourages broad-based consumption taxes are consistent with...

forbes.com (28 days ago)

Legislative panel considers study of tax on services

Nevada’s largest revenue source is losing ground because of a changing economy that has shifted from consumption of goods to consumption of services, legislators were told Thursday.

lvrj.com (1 month and 2 days ago)

Tax payment nightmare rolls on

The Telegraph disclosed how Colin Jones was one of up to a thousand people double-charged when paying tax bills last week. Now he's been double refunded.

telegraph.co.uk (3 months and 12 days ago)

Nevada legislative panel considers study of tax on services

Nevada’s largest revenue source is losing ground because of a changing economy that has shifted from consumption of goods to consumption of services, legislators were told Thursday.

lvrj.com (1 month and 2 days ago)

Taxes are a necessary part of life: News Comment of the Day

"I think a flat tax is a very good idea. Its a tax based on consumption, not income." -JAY

cleveland.com (3 months and 12 days ago)

Cameco’s tax issues offset by improving prospects in Japan

Cameco's recent tax payment may be responsible for some weakness in the stock, but prospects for its business in Japan has improved substantially

financialpost.com (3 months and 7 days ago)

Georgia lawmakers launch plans to lower, end income tax

ATLANTA – Senate leaders say they have the mechanics for reducing the state income tax and possibly eliminate it all together. Senate President Pro Tempore David Shafer of Duluth is sponsoring two constitutional amendments for changing the state’s basic tax policy. “This is to start the shift from an income tax to a consumption tax,” he said. If voters approve, Senate...

chronicle.augusta.com (2 months and 12 days ago)

Japan to double consumption tax

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