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Tokyo, Japan
The Hon. Dr. Hideyasu M. R. "Hide" Sasaki is a computer scientist working in Gov't of Japan for Big Data Initiative and Catholic lawyer admitted to practice in New York, the United States.

Tuesday, October 21, 2014

Economy goes down week by week; the volume of commercial posters on trains shows significant decline since the beginning of this October. Around April, some Taxi drivers told me that their revenue got slightly additive even after the tax raise by three points. However, not only rainy weather in summer but the weak currency struck markets quite seriously.

Next April, the estate tax reform shall be installed into Japan; the tax rate is to get significantly high up. What if the value added tax should be raised again by two points? After the scandals of two female ministers have shaken the Abe administration recently. Two more ones wait for summons by the parliament on money scandals. He might go into the lame-duck session quite soon, I am afraid.

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