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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (4543)	6/17/2002 9:31:00 PM
From: Keith Monahan	Respond to of 24758

08:59 PM DJ Japan Shiokawa -2: Revitalized Econ Will Up Tax Revenue TOKYO (Dow Jones)--Japanese Finance Minister Masajuro Shiokawa Tuesday downplayed fears the government will hike taxes in the near future, saying tax cuts being planned for this fiscal year will be financed with spending cuts. "If the economy regains vitality, tax revenue will naturally increase," Shiokawa told a regular press conference. "We aren't thinking of tax hikes, but we will cut spending." Prime Minister Junichiro Koizumi and ruling coalition party heads agreed Monday to cut corporate research and development, capital investment, individual inheritance and gift taxes during the current year to March. Though the cuts will be approved after April as part of tax reform for next fiscal year, they will be made retroactive to January.