Sales Tax

Forbes  Jun 22  Comment 
The Oklahoma Supreme Court recently approved a ballot measure (779) that will, if approved by voters, increase the state sales tax by 1 percent. The new revenue would be earmarked to fund $5,000 pay raises for Oklahoma teachers and provide support...
Reuters  Jun 21  Comment 
Most Japanese firms support the government's decision to put off a hike in the national sales tax by more than two years due to weakness in the economy, a Reuters poll showed, though corporate concern about the negative impact of the delay was...
Japan Today  Jun 13  Comment 
Fitch on Monday cut its outlook for Japan, citing Tokyo's decision to postpone a sales tax hike seen as critical to paying down one of the world's biggest national debts. The company said it was changing its view to negative from stable but...
Financial Times  Jun 2  Comment 
Postponed rise and haven appeal drive currency up and stock markets down
New York Times  Jun 1  Comment 
While the prime minister’s decision was widely expected, it amounts to an acknowledgment that the country’s economy remains fragile.
Yahoo  Jun 1  Comment 
Japanese Prime Minister Shinzo Abe announced on Wednesday his widely expected decision to delay a scheduled sales tax increase by two-and-a-half years, putting his plans for fiscal reforms on the back burner due to growing signs of weakness in the...
Clusterstock  May 31  Comment 
TOKYO (Reuters) - Finance Minister Taro Aso said on Tuesday that Japan would stick to its aim of achieving its primary budget-balancing target in fiscal 2020 despite a likely delay in the sales tax hike. "We have not given up on fiscal...
Financial Times  May 30  Comment 
PM’s gamble will create winners and losers in politics and economy  May 30  Comment 
CANBERA (dpa-AFX) - The Japanese yen weakened against the other major currencies in the Asian session on Monday, as Japanese Prime Minister Shinzo Abe said that the sales tax hike will be delayed and as Federal Reserve Chair Janet Yellen endorsed...

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