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Japan’s consumption tax rises to 10% on Oct 1 | Video

04:00 Min
Japan’s consumption tax will rise from eight per cent to 10 per cent on Oct 1. Although previous tax hikes had always led to severe political backlashes, Prime Minister Shinzo Abe is pushing ahead with the tax hike. The government has pledged to allocate part of the tax revenue to fund free education for children to encourage more to start a family. Michiyo Ishida has more.

Japan’s consumption tax rises to 10% on Oct 1 | Video

01 Oct 2019 12:58am
Japan’s consumption tax will rise from eight per cent to 10 per cent on Oct 1. Although previous tax hikes had always led to severe political backlashes, Prime Minister Shinzo Abe is pushing ahead with the tax hike. The government has pledged to allocate part of the tax revenue to fund free education for children to encourage more to start a family. Michiyo Ishida has more.

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