tax hike
November 02, 2012
Moves toward forming a “third political power” on the national stage are taking shape.
October 15, 2012
BERLIN--Germany's tax on households' electricity bills to finance the expansion of renewable energies will rise almost 50 percent on the year as the country pushes ahead with...
August 11, 2012
Six lawmakers of the ruling Democratic Party of Japan voted against proposed legislation to raise the consumption tax rate during an Upper House plenary session Aug. 10, where...
July 21, 2012
Throughout history, countless people around the world have been fooled by false advertising. An American author once commented: "Any drug is a miracle drug if it works like the ...
July 04, 2012
Japanese political heavyweight Ichiro Ozawa and dozens of other members of parliament who quit the ruling party in protest over a planned sales tax increase decided on July 4...
June 29, 2012
Tomoyuki Taira, a novice lawmaker, was already thinking about leaving the ruling Democratic Party of Japan before Prime Minister Yoshihiko Noda announced that two nuclear...
June 29, 2012
After years of policy paralysis in Japan, Prime Minister Yoshihiko Noda has pushed a much-needed but unpopular sales tax hike through the lower house of parliament, but the...
June 26, 2012
Prime Minister Yoshihiko Noda looks certain to win parliament's approval for his signature tax hike plan on June 26 but risks deepening a rift in his party that, in an extreme...
June 21, 2012
The specter of the ruling party's collapse edged closer after political heavyweight Ichiro Ozawa again vowed to defy the leadership and vote against a bill to raise the...
June 21, 2012
Japan's ruling party and the opposition have agreed in principle to vote on a bill doubling the sales tax on June 26, media said, inching closer to the enactment of legislation ...
June 12, 2012
Long criticized as indecisive, Prime Minister Yoshihiko Noda now appears so determined to pass tax hike legislation that he is willing to discard his party’s flagship...
April 06, 2012
The political battle over the consumption tax has spilled into monetary policy, as the Diet on April 5 rejected the government’s nomination for a post at the Bank of Japan.
March 31, 2012
The government has submitted a tax reform bill featuring a consumption tax hike to the Diet.
February 18, 2012
Abandoning hope for discussions with opposition parties, Prime Minister Yoshihiko Noda decided to submit a bill to the Diet in late March to raise the consumption tax rate,...
February 18, 2012
Prime Minister Yoshihiko Noda’s Cabinet formally decided on an outline of the proposed integrated tax and social security reform on Feb. 17.
February 06, 2012
Prime Minister Yoshihiko Noda expressed fears that his proposed consumption tax hike could adversely affect the nation’s fragile economy, but he remains committed to...
January 31, 2012
Japan will have to issue new government bonds worth 45.4 trillion yen ($592 billion) in fiscal 2015, even if the consumption tax rate is raised to 10 percent, government...
January 24, 2012
Japanese Prime Minister Yoshihiko Noda renewed his appeal to opposition parties on Jan. 24 to join talks on tax and social security reforms aimed at keeping in check swelling...
January 14, 2012
The Jan. 13 Cabinet reshuffle spawned positive expectations for fiscal reconstruction as investors bought into both government bonds and corporate stocks on Tokyo financial...
December 31, 2011
With the proposal by the ruling Democratic Party of Japan to increase the consumption tax rate to 10 percent in October 2015, the government of Prime Minister Yoshihiko Noda...