Posted in: Ghosn hid scale of Nissan salary, fearing dismissal from Renault, Tokyo court told See in context
Hari Nada was a key proponent in taking down Ghosn. Dude was the mastermind according to several articles. Now he's a witness with immunity. What about Ghosn and Kelly's witnesses? Are they even allowed to have any? This is like a Nazi court trying to appear to serve justice in the eyes of the world in 2021.
4 ( +5 / -1 )
Posted in: Japan's middle class slowly sinking into poverty See in context
I think it's because taxes are too high. Way higher than people realise. Calculating Income, Prefectural, city, social insurance, AND SALES taxes on a 3.3 million salary works out to around ¥1171400, or 35.5%
For a salary of 6 million you pay out ¥2365900 or 39.43%
If you save your money you'll still end up paying inheritance tax on whatever is left over when you die which starts at 10%. That's why I factor in Sales taxes beforehand.
That's the first half of the story. Your employer has to pay an additional 15.1% to cover your social insurance. Is that company money? The company has to budget 3.8 million to give you 3.3 million. Out of that total 3.8 million budget the government ends up receiving ¥1666400 or 43.91%.
¥3265900 or 47.33% for the guy with a 6 million salary. In Google statistics, Japan taxes don't seem so bad. In reality it's horrible.
15 ( +17 / -2 )
Posted in: Japan plans to cut aviation fuel tax by 80% at most: report See in context
Some people seem to think that a tax on fuel will encourage using less. How do you suppose they do that? Taxes have 0 effect on fuel usage. Airlines will use as little fuel as possible to lower operational costs and a tax break won't change that. Airplanes don't go on joyrides or drag race just because fuel is cheaper.
2 ( +2 / -0 )
Posted in: Here are the 10 richest companies in Japan: Can you guess which is number one? See in context
It's sad really. the top 10 has less cash than Apple alone. Corporate tax is so high in Japan it really stifles their growth. The reason their cash stocks are so low is because the government takes half of all corporate profits. Once you count the taxes the companies pay to cover their employees pension and health benefits corporate taxes are well over 50% here. The companies have to spend their money somewhere or invest overseas. Anything left over will be confiscated by the government to feed their inefficient payrolls.
0 ( +0 / -0 )
Posted in: 33 dead after man sets fire to Kyoto anime studio See in context
Fire Prevention is something Japan does not understand and I'm not being sarcastic. If you've ever been in a Don Quiote Store you'll know what I'm talking about. Can't remember how many places I've been to where I thought I'd die if a fire ever broke out. No escape, many restaurants, bars and clubs even block secondary exits to make people take the elevator.
Historians will tell you how bad fire management was in the Japanese Navy and how their lack of training in fire prevention hastened their deaths when struck.
12 ( +12 / -0 )
Posted in: Gov't data show exodus to Tokyo from other parts of Japan continues See in context
Have to agree with bullfighter. I spent a good 11 years in Kyushu travelling around to every nook and cranny of the island. There are soooo Manu georgeous bridges libraries highway station and there are beautiful new schools dotted everywhere sometimes housing only a few students. They get lots of money from Toyko! That and I spent 2years as an CIR working in a small city hall in a town of 7000. It is standard to budget as much as possible into your yearly plan each year in order to continue to receive the money from Tokyo. Even for my own CIR programs I was advised to budget "more than you need" incase you run out of funds, and also to keep the money flowing "from Tokyo" every year. It's open and common knowledge in Japan.
0 ( +0 / -0 )
Posted in: 2020 Olympics may spell disaster for Tokyo's commerce and industry See in context
I have friends that works at construction companies that build stages for exhibitions. They spend a lot of time on projects held at the sites mentioned on this article. I never thought of it before but now I can imagine how some companies may shut down if Big Site is unavailable for 20 months and other sites are down for months at a time. Their whole business is built around exhibitions so if those exhibitions leave the country, there goes their business.
4 ( +4 / -0 )
Posted in: Abe says way to peace treaty with Russia coming into sight See in context
Why the sudden change of stance by Abe? Could it be the result of the meeting with the man who wrote "Art of the Deal" - The man who believes that compromise is the key to all deals?
3 ( +4 / -1 )
Posted in: McDonald's Japan wonders where its customers went See in context
Ohh McD's Japan was run by a Canadian! If you're a Canadian like me and understand what customer service is like in Canada, this is no surprise.
1 ( +2 / -1 )
Posted in: Ninja-seeking Aichi Pref inundated with overseas applications See in context
180000 yen to do backflips and throw shuriken...what a great job! There was a year that I lived on a tight budget in Tokyo for just under 130000 yen a month: 60000rent, 10000train, 6000phone,10000util, 25000food, and the rest to various things. So it's defiantly doable in Aichi.
0 ( +0 / -0 )
Posted in: U.S. auto industry stunned by tariffs meant to save it
Is Japan (and their US master) planning to pick a fight with China?
Posted in: Japan draws up plan to evacuate 120,000 islanders near Taiwan in event of emergency
Posted in: Disney reveals 'Avengers' cast with surprise Stewart, McKellen returns
Posted in: U.S. auto industry stunned by tariffs meant to save it