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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: borb who wrote (769)3/12/1998 10:18:00 PM
From: Machaon  Read Replies (1) | Respond to of 3902
 
I'd like to see a cut in both corporate and individual taxes in Japan. The country can't solve it's ageing and social security problems by sucking the money out of the economy by high tax rates. The worst place to put money is into politicians hands.

Japan should be watching what is happening to the U.S. budget deficit, because of the booming stock market, and resultant taxes from capital gains. It's just a shame that our Social Security funds weren't in the market over the last 8 years, instead of being spent on pork barrel.

Do you think that we'll see 20,000 on the Nikkei this year?

Regards, Bob