WASHINGTON - Japanese Finance Minister Taro Aso on Saturday pledged to global finance leaders that Tokyo will forge ahead with a scheduled sales tax hike in October, even as weakening global growth darkened the outlook for the export-reliant economy.
There is simmering speculation Prime Minister Shinzo Abe may put off the twice-postponed increase in the sales tax, as he faces an upper house election later this year amid increasing signs of weakness in the economy. “Through this tax rate hike, we will not only achieve fiscal consolidation over the medium- to long-term, but also realize inclusive growth” by using some of the proceeds to provide free early-childhood education.
“The Japanese economy as a whole continues to recover moderately, primarily led by domestic demand,” he said.
Does the Japanese official know that he is sitting next to a guy that may soon be in jail for, I believe, contempt of congress? What is the official charge for refusing a lawful, congressional order?ReleaseTrumpsTaxReturns ReleaseTheFullMuellerReport
Means more sucking of consumers,if you go for trade balance,as Lagarde lately has risen,be on barter,and run governent with mere cess! equitableeconomy:demand only that much,as much as u can return ,either as a person,society or nation SKJ PKJ LomelaStar
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