FlyerTalk Forums - View Single Post - Is Japan's pension system headed for oblivion?
Old Jul 23, 2017, 7:02 am
  #7  
mjm
Original Member
 
Join Date: May 1998
Location: Tokyo, Japan (or Vienna whenever possible)
Posts: 6,379
Originally Posted by hailstorm
It was originally tied to the sales tax increasing from 8% to 10%.
Yeah. Finance is not the gov't.'s string suit though. Stimulus for spending and then taxing works if people spend. So many savers out there these days.
mjm is offline