Detailed text transcripts for TV channel - CNN - 20110329:08:34:00
That's the big buzz right now. japan's corporate tax rate is actually the highest in asia at 40.69%. now, the government had been considering cutting that number to keep japan's growth going. but now with money badly needed for quake reconstruction efforts, there's talk from politicians that proposal to cut taxes may actually be shelved. however, the analysts i spoke with earlier, they all agreed that would not be good for japan's recovery. for example, our analyst said it could be a good excuse, actually, for companies to move more production to companies with lower tax rates. for example, ch...
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