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If your income doesn't go up, the sales tax will be a burden.

8 Comments

Tomo Kinoshita, chief economist, Japan at Nomura, referring to the looming hike in the sales tax. (CNBC)

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8 Comments
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"...If your income doesn't go up, the sales tax will be a burden. ..."

Well thanks Captain Obvious

1 ( +1 / -0 )

One liner chief economist representing Nomura Japan :)

1 ( +1 / -0 )

Hey. did you know that if you spend money, you will have less money left. And if you don't spend money, you will keep all of it?? Now, where's my chief economist salary and bonuses??

-1 ( +1 / -2 )

How much does this guy get paid?!?!

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Genius!! No wonder Nomura are such an international powerhouse in the world of high finance.

1 ( +2 / -1 )

No it won't if you buy tea, rice, veggies and fruits from local farmers where taxes aren't applied.

0 ( +1 / -1 )

No s##t.

0 ( +0 / -0 )

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