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Gov't panel recommends raising income taxes in FY 2006 tax refor

Gov't panel recommends raising income taxes in FY 2006 tax refor

TOKYO, Japan - Japan's Tax Commission Chairman Hiromitsu Ishi (L) hands in the commission's fiscal 2006 tax reform proposals to Prime Minister Junichiro Koizumi at the premier's office on Nov. 25. The commission recommended that the government raise income taxes at both the national and local levels in January 2007. (Kyodo)

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Economy minister Ota retains post with her push for fiscal refor

Economy minister Ota retains post with her push for fiscal refor

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a press conference after retaining her post in Prime Minister Shinzo Abe's Cabinet reshuffle on Aug. 27. The professor-turned-minister keeps herself on track to spearhead Japan's structural reforms, as she tries to steadily implement plans to cut fiscal spending. (Kyodo)

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