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December 07, 2017

Abenomics and the Elusive Trickle Down

Despite a steadily growing economy, the promised trickle-down effect has yet to materialize, with newly created wealth being amassed mainly ...

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July 25, 2017

Honebuto 2017: More Empty Promises?

While Abenomics is aimed at triggering growth and distributing its benefits throughout society, people’s anxiety has only grown as Prime ...

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May 01, 2017

Tapping into Senior Power
A More Balanced Approach to Fiscal Sustainability

An economist and social security expert questions the economic orthodoxy of boosting taxes and cutting benefits as the key to ...

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August 25, 2016

To Revive the Economy, Empower the Middle Class
Redistribution as the Key to Revitalization

In a recent piece in the Nihon Keizai Shimbun, Shigeki Morinobu calls for a working tax credit and other measures ...

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April 11, 2016

The False Promise of Reduced Consumption-Tax Rates
A Plea for Targeted Credits

The government’s plan to exempt food and drink from the consumption-tax hike scheduled for April 2017 is a serious mistake, ...

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February 19, 2013

Assessing the LDP’s Tax Reforms

One of the first acts of the Liberal Democratic Party upon winning the December 2012 general election was to convene ...

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October 12, 2010

9. The Keynesian Postulate of Money: Wage Stickiness as the Stabilizer of the Capitalist Economy

Once we accept that workers are not isolated individuals whose aim is merely to seek their own well-being, but social ...

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March 03, 2009

Taxpayer ID Number System Would Benefit
All Japanese Citizens

Debate is growing in Japan on advancing studies for introduction of a social security number system for enhanced citizen convenience ...

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January 21, 2009

From Cash Handouts to Refundable Tax Credits

Prime Minister Taro Aso has announced the distribution of around ¥2 trillion in cash benefits to all Japanese citizens. The ...

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