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TOKYO – It took Japan more than 50 years to build a credible opposition party to the venerable Liberal Democratic Party (LDP), but it only took a little more than three years for the...
Former Democratic Party of Japan chief Ichiro Ozawa, who bolted the DPJ to protest against Prime Minister Yoshihiko Noda's plan to eventually double the consumption tax rate from the ...
The tax-raise plan in the midst of long deflation carries the danger of wrecking the economy and thus decreasing total tax revenues. The bills before the Diet are also weak in reforming...