Japan PM Abe: See no need to raise sales tax beyond 10% for decade

Re:Japan PM Abe: See no need to raise sales tax beyond 10% f... by MacroAffairs on Wednesday July 03, 2019 @03:39AM (#20342392)

It is not a "politician makes non-promise" story. It is actually a very credible claim because the Japanese government doesn't even need more tax income as they can lend freely.

The government can lend as much Yen as they want. The tax hike is something that can help them get inflation, which has been too low for very long.

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Re:Japan PM Abe: See no need to raise sales tax beyond 10% f... by LIV2 on Wednesday July 03, 2019 @03:41AM (#20342404)

Even if it is not an empty promise I still don't understand how this is on topic for HN

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Re:Japan PM Abe: See no need to raise sales tax beyond 10% f... by skrebbel on Wednesday July 03, 2019 @04:02AM (#20342491)

I called it a non-promise because, like every second time a politician says something, he appears to have carefully worded it such that he still change his mind later. Not because I don't believe him, I have no opinion on and no idea about Japanese internal economic policy. My argument is that the tl;dr here is "a politician said a thing", which is not usually notable enough for HN.

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