Amari warns it's premature for BOJ to consider exit strategy from stimulus program

plan to cut the corporate tax rate - among the highest in the world at above 35% - to less than 30% over several years. with the lost revenue to be paid by the average Taro. yep thats certainly going to kill any wage rises if any. extra taxes on top of the consumption tax rise will also stop people spending. very simple really less money in average Taro pocket = less money to spend. why cant these government goons understand this!!

Some posters here say that Japanese corporations pay no taxes, maybe the larger ones. I wish they would explains this in greater detail.

Sure it's too early. The economic elite have not yet stolen enough from the public purse in this obvious battle of class warfare. Since Japan is looking at coming years of economic decline in line with its shrinking population, the investor and corporate class sees this as one last great chance to grab what they can.

Some posters here say that Japanese corporations pay no taxes, maybe the larger ones. I wish they would explains this in greater detail.

http://shisaku.blogspot.jp/2014/06/japans-corporate-income-tax-who-pays.html

I think the current low yen is busy buying fuel futures while they can. When the next round of stimulus printing comes watch the yen plummet.

The recent higher taxes placed on consumers really limits the govt's growth policy options. Japan's gonna need this stimulus, to counteract the damage caused by the bone-headed decision to punish consumption in a consumption-driven economy.