Advertisement

The Burden of Indirect Taxation and Consumption Tax by Income Group

  • Yoshimi Adachi
Chapter

Abstract

Since the cost of social security in Japan is rising due to an aging population and a low birth rate, an enormous quantity of long-term public bonds have been issued in order to cope with the lack of funding for social security programs. As part of its efforts to reform and secure financial resources for social security, the Japanese government implemented its Comprehensive Reform of Social Security and Tax, thus raising the consumption tax.

Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Faculty of EconomicsKonan UniversityKobeJapan

Personalised recommendations