Monday, December 11, 2006

Tight, Tighter

Tight, Tighter
2006.12.12 3:13

Government decided to deduce tax for companies. The total is 10,000,000,000 -ten billion dollars.
The explanation of government is companies have contributed forty to fifty billion dollars extra tax revenue for these several years, therefore it stands to reason they are worthwhile to receive huge tax cuts.
In the first place several years ago when lots of banks were dying holding gigantic non performing bond, millions of public fund, mostly tax from nationals were thrown in. Why the don't say nationals are worthy of receiving huge tax cuts because they made gigantic sacrifice to save lots of banks.
I don't hope these steps are going to be a prelude to the apocalypse from the bottom of Japan's social strata. From the bottom, as such.

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