By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's Prime Minister Shinzo Abe took a step on Tuesday that none of his predecessors had managed in more than 15 years - making a dent in the government's runaway debt. Abe, riding a wave of popularity with economic policies that have begun to stir the world's third-biggest economy out of years of lethargy, said the government will raise the national sales tax to 8 percent in April from 5 percent. But at the same time he will soften the blow to the nascent recovery. As the tax increase is set to raise an additional 8 trillion yen ($81. ...
via Health News Headlines - Yahoo! News http://news.yahoo.com/historic-step-japan-pm-hikes-tax-cushion-blow-054225297--business.html
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