The government should delay the sales tax hike due in April by a year to help beat deflation, a special adviser to Prime Minister Shinzo Abe said Aug. 27.
Koichi Hamada, a professor emeritus of economics at Yale University and the mastermind of the "Abenomics" policies, said the consumption tax increase could weaken the policies.
"Raising the sales tax would have various strong impacts, which could hamper Abenomics in boosting the economy and beating deflation," Hamada said. (Kyodo)
内閣官房参与の浜田宏一・米エール大名誉教授は消費税増税を1年延期すべきと発言した。
The Japan Times ST: September 6, 2013