Thursday, August 09, 2012

The Japanese Consumption Tax

$$ - Japan's version of the Tea Party. Housewives with frying pans protesting the doubling of the consumption tax! 
Japan has a huge deficit, and the government is proposing to take the consumption tax from 5% to 10%.  This is something to watch, because there are folks who want to do that here in the United States, too.
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Housewives With Frying Pans Protest Japan Tax Hike as Debt Soars
BLOOMBERG NEWS | AUGUST 9, 2012
http://pulse.me/s/c4Tj7


About 200 housewives marched down a shopping street in central Tokyo, beating pans with ladles and shouting slogans criticizing a government plan to ... Read more

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Sent via Pulse/



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