Japan panel urges full repeal of income tax cuts


By Yoko Nishikawa TOKYO, Nov 25 (Reuters) - Japan should fully scrap income tax cuts for individuals during the fiscal year staring next April as the economy enjoys a steady recovery, the government's tax commission said in a report on Friday. The question of when to implement a full repeal has been a controversial part of Japan's tax reform debate this year as some lawmakers are against increasing the burden on taxpayers. In its final report of tax reform proposals for fiscal 2006/07, ...

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