Japan slides into recession as tax hike takes toll

Japan slides into recession as tax hike takes toll. The brainiacs in Washington, DC should take note of this.

This post was last modified on January 26, 2021

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  • It is not like Japan has a big illegal immigration problem. A Japanese politician got in trouble months ago for stating that old people were essentially at fault for the economic problems (and the low birth rate). If he was speaking truth they need to look into that... encourage people to have children and lowering taxes helps with that.

  • On Cavuto, stupid liberal idiot states that the solution to the problem is... saying with me people "Tax the Rich!" Yes! Once people that "have more money that most Americans" pay their "fair share" we won't have the same problems that Japan has because you know... that makes sense... when asked how much is that... bitch says... "I am not an economist" really bitch? YET you know enough to say that taxing the rich is the way to go to save the economy...? Wow...

    She ain't ugly but she is STOOOOOOOPID...

  • A 3% sales tax increase is a definite economy killer. They also had another increase planned for next Oct. Do they also have an income tax in Japan? What all does this sales tax apply to? There wasn't much information in the article regarding the overall tax burden placed on the average Japanese citizen. I'm curious now, Google here I come.

    • oops, that would be "an" not "and". It also appears that the USA has successfully exported dumbass Democrat ideas such as raising taxes to fix spending problems.

  • IMHO there has never in history been a person so dedicated to the destruction of our nation (internal or external) than obama, his agenda is straight out of his mentors books on destroying a democracy; provide services to the point they cannot be sustained, in providing the handouts (paid for by actual working tax payers) the government controls the vote, increase size of government (to provide for more entitlements or “our” safety - of course government employees are paid by tax dollars, which is not mentioned) provide perks and undeserved benefits to those elected to “public service” AKA: self gratification, greed, power and self anointed elitism, ultimately you arrive were we are at, a government out of control, spying on each of us with every phone call or email… corrupt, liars in office from state to federal as we watch the constitution slowly shredded, our economy swirling into the toilet bowl and a restructuring of a republic into a socialists society doomed to collapse

  • As long as the Socialists are in charge in DC they'll never stop raising or finding new taxes to foist upon us. Cuts into their profit/pocketbooks.