Key adviser to Abe opposes tax boost

07/22/2013 | Asahi Shimbun (Japan), The

A key adviser to Japanese Prime Minister Shinzo Abe said a planned increase in the nation's consumption tax as part of Abe's economic plan is a risk not worth taking. "The Japanese public does not have to suffer to satisfy people in foreign countries. Maintaining the face of the politics is not essential to the national economy," said Koichi Hamada, a Yale University emeritus professor of economics.

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Asahi Shimbun (Japan), The

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