Ruling camp calls for 2 tril. yen tax hike in FY 2006

Ruling camp calls for 2 tril. yen tax hike in FY 2006

TOKYO, Japan - Hakuo Yanagisawa, chairman of the Liberal Democratic Party's tax research panel, speaks at a press conference as his new Komeito party counterpart Chikara Sakaguchi listens. The governing coalition unveiled its tax reform outline for fiscal 2006, calling for a 2 trillion yen tax increase in the year beginning in April while alluding to raising the consumption tax in fiscal 2007. (Kyodo)

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  • ILEA000031031
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