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April 1, 2012

Japan Must Overhaul Taxes to Avoid Bond Rout, Bank Lobby Says

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Japan must quickly overhaul the tax system to prevent government borrowing costs from spiraling in the next decade, the new head of the nation's banking lobby said. "The risk of a tumble in government bond prices would increase if taxation and social security reform are left unsolved for years,"... FF News: Fundamental

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