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Review & Outlook: Japan’s VAT Blunder


A consumption-tax increase hits growth as the coronavirus looms. The third time wasn’t the charm for Tokyo’s long-running attempt to increase its consumption tax. Data released Monday show Japan’s economy contracted in the last three months of 2019 as the tax hike hammered growth—as many warned and like the previous two times the tax has

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Posted: February 17, 2020 Monday 11:23 AM