January 9, 2009
Fed Chairman Touts Consumption Tax
Nukaga proposes double-digit consumption tax
The 5 percent consumption tax rate should be raised in two or three stages to a double-digit level midway into the next decade to finance ballooning social security costs and support aging baby boomers, Finance Minister Fukushiro Nukaga said Friday. "Unless the consumption tax rate reaches a double-digit level by the time the baby boomers reach 70 or older, it cannot be called a stable revenue
Migrant brickies hit by £250m stealth tax
Hundreds of thousands of Eastern European workerss will be hit by a stealth tax buried in the recent pre-Budget Report.
Economics Of Income Tax -
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