consumption tax


TOE Alert: Abe Facing Down MOF-BOJ Over Tax Delay

From everything we hear, Abe is determined not only to call the early elections we discussed in our Nov. 11 Alert, but he is equally determined to postpone the next hike in the consumption tax from October 2015. Most likely he will postpone it until April 2017.

Abe Poll Ratings Resume Plunge, Part 2

As we detailed in yesterday’s Alert, Prime Minister Shinzo Abe’s approval ratings have resume the steady slide that was temporarily interrupted by the Cabinet reshuffle in September. We suspect that his support remains “a mile wide and an inch deep.” If there were a solid alternative, either inside the LDP or from the opposition parties, we suspect his approval ratings would be even lower.