3 Reasons Higher Taxes Might be Coming
Are there higher taxes on the horizon in Japan?
If only everyone paid what they really owed, everyone wouldn't have to pay as much.
Japan''s Finance Ministry says the government will likely fall short in its collections this year. Tokyo expected Y53.5 trillion ($500 billion).
Two main reasons –
1. companies aren't making as much money as they hoped
2. companies are posting smaller than expected profits.
3. oh…and people don't pay what they should.
A more accurate estimate is expected next month.
Do you pay all the taxes you should or do you fudge?
