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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: chirodoc who wrote (1532)10/23/1998 11:54:00 PM
From: borb  Read Replies (2) of 3902
 
TOKYO, Oct 23 (Reuters) - If Japan is to use tax reductions to
fill the gap between supply and demand, it will need to cut taxes
by around 10 trillion yen in 1999/2000, the head of the government's Tax Commission, Hiroshi
Kato, said on Friday.

Kato told reporters he believed such tax cuts were necessary, but stressed that this was his
personal opinion and did not reflect the views of the commission.

The commission was still divided, with some members arguing tax cuts would not stimulate the
economy, he said, adding that the issue would be the subject of much debate.
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