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Abe buys support from Japanese business firms with early tax cut

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Japanese Prime Minister Shinzo Abe's controlling Liberal Democratic Party (LDP) on Thursday agreed to reduce corporate taxes in Japan to below 30 per cent from next year, in the hope that this will stimulate corporate capital investment and wage increases and help get the economy moving forward again.

Tokyo

JAPANESE Prime Minister Shinzo Abe's controlling Liberal Democratic Party (LDP) on Thursday agreed to reduce corporate taxes in Japan to below 30 per cent from next year, in the hope that this will stimulate corporate capital investment and wage increases and help get the economy

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