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Farsala said:
The tax situation in Japan is a serious matter. It put Japan in a worse recession. It will likely affect elections, with abe not having as much support.

Reasons:
1: Tax increases are rare in Japan.
2: The Tax increase was quite sizeable, and coupled with 1 makes it worse.
3: The Tax increase was across the board, unlike in lots of western countries where you can buy food without much tax.

They are at 8% and people fear 10% will come, which is only half of major european countries.


I've been saying that taxes killed wii U momentum... wii U was constantly above 10k before it hit for this year.



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