(CAPTION CORRECTED) Tax panel calls for higher taxes in futureKyodo

(CAPTION CORRECTED) Tax panel calls for higher taxes in futureKyodo

TOKYO, Japan - Kan Kato, chairman of the Tax Commission, speaks at a news conference July 14 after handing Prime Minister Yoshiro Mori an interim report recommending tax hikes over the medium- and long-term to tackle Japan's ballooning fiscal deficit and growing social security burdens.

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