JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: Ramsey Su who wrote (813)	3/28/1998 12:24:00 PM
From: chirodoc	Read Replies (1) of 3902

the problems in japan, in my opinion are primarily market related. there are many benefits to the japanese society over ours that are obvious. no need to ramble about those. their tax rates are closer to 50% than 20%--some of the highest in world. high tax rates reduce incentives to start new enterprises when the cost of doing business is hardly worth the effort. just look at countries that have reasonable tax rates and free market economies and you will see the most successful countries in the world. i am only stating that high taxes + government regulation make a country a generally poor investment.

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