To President Trump  The "economic policy" of each government is being tested. In Japan, only the harmful effects of the spread of infection are noticeable. crazy!

To President Trump

President Trump should "fulfill" what you have promised me!



2020-08-25: Dear Sir, As a "additional economic measure" to support the industry hit by the new coronavirus, 22 countries such as Germany and the UK will implement a "tax cut" for a limited time. The UK has reduced the VAT rate from the current 20% to 5%. Prime Minister Merkel expects a recovery in the economy as a whole, as it is socially fair because consumption is stimulated and everyone pays. "Snak" British Finance Minister "does anything to avoid unemployment". Even in Japan, many experts argued that tax cuts were possible. However, the Japanese government has implemented a "(Go To) Travel Campaign" that cuts the travel price by half. The "economic policy" of each government is being tested. In Japan, only the harmful effects of the spread of infection are noticeable. crazy!



Part 1. Consume tax reductions in the UK and restaurants, etc. 

Also pay attention to the financial impact.

On the 8th, the British government announced that as an additional economic measure, 

it will reduce the VAT rate, which is the Japanese consumption tax, 

from the current 20% to 5% for the food, lodging, and entertainment industries.

Supporting the industry where the new coronavirus is hit hard. 

The salary subsidy for employees on leave will end in October as planned, 

and will pay attention to the growing financial burden.

There are many holiday workers in these industries. 

A cumulative total of 1.7 million workers have been forced to take temporary leave from work 

for the tax exemption this time. It will help maintain employment by focusing on personal consumption.

We will also enhance the social security network.

For six months, the government will replace the minimum wage for companies 

that employ 16- to 24-year-olds who receive "universal credit" for welfare.

The aim is to prevent prolonged unemployment while focusing on young people whose positions are unstable.

https://www.nikkei.com/article/DGXMZO61312780Z00C20A7EAF000/

I think it's a great policy.


Is the consumption tax reduction effective for the economic downturn caused by the corona shock?

The corona shock has had a serious impact on the Japanese economy, 

and it is certain that GDP this year will fall sharply.

Therefore, the consumption tax reduction as an economic measure has been proposed 

by the opposition party and various other parties.

The Abe administration, on the other hand, is currently negative.

http://blog2.hix05.com/2020/08/post-5284.html


I will write tomorrow too.


The amendment to the Immigration Control Act in January 2017 states 

that "I am not guilty" for the reason. Reason: Revise from "not punishable" to "can be punished".

It's a false accusation. Thank you to everyone in the international community. 

However, the Japanese government has not yet made an apology. See the indictment below. (Japanese)

https://blog.goo.ne.jp/nipponnoasa/e/c9639cd8d9ab6f7d734bdbb61511a31e


Part 2. See below for the following.

Japanese.

https://blog.goo.ne.jp/nipponnoasa/e/d28c05d97af7a48394921a2dc1ae8f98

English.

https://blog.goo.ne.jp/nipponnoasa/e/ac718e4f2aab09297bdab896a94bd194


Best regards.


Yasuhiro Nagano



For uncertainties, please contact us!

enzai_mirai@yahoo.co.jp


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