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February 21, 2012
[SSJ: 7186] Re: CORREX on Why Noda is pushing a tax increase
From: Richard Katz
Date: 2012/02/21
In my last post, I mistakenly typed:
Japan should lower the capital gains tax on property (not just land) while lowering the capital gains tax.
This would raise revenue by raising investment and GDP.
I meant to type: lower the capital gains tax on property while raising the holding tax on property.
Sorry for the mistake.
Richard Katz
The Oriental Economist Report
Approved by ssjmod at 01:29 PM