Replacing the spousal exemption for personal income tax can correct systemic biases with regard to family work patterns and encourage women’s fuller participation in the labor force, thus unleashing the power of “womenomics,” argues Senior Fellow Shigeki Morinobu. The article below is Chapter 4 of the Tokyo Foundation policy proposal on “Expanding the Tax Base for a Sustainable Social Security System,” issued in Japanese in May 2014.
In September 2013 Suzuka Kobayakawa began her 12-month fellowship under the Tokyo Foundation–Acumen Global Fellows Program. In her second report, she describes some of the personal lessons she learned during the intensive leadership training program in New York before embarking on an assignment at Pagatech, an innovative startup delivering universal access to financial services in Nigeria.
The rapid removal of barriers to trade and investment between Taiwan and China augurs a new age of cross-strait economic integration. The author examines this changing environment and the unique economic opportunities it offers for Japanese businesses able to navigate the unique triangular relationship between Japan, Taiwan, and China.
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