tag:blogger.com,1999:blog-6714063.post3697080327656570915..comments2023-10-09T00:45:55.603+09:00Comments on Shisaku: House of Councillors Election 2010 - Buying Votes Where One CanMTChttp://www.blogger.com/profile/04626942240117432624noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6714063.post-82716320459116937902010-05-24T19:23:39.434+09:002010-05-24T19:23:39.434+09:00The problem is, though, if Osaka gets that special...The problem is, though, if Osaka gets that special taxation designation, every other seirei-class city is going to start clamoring for it as well.Joenoreply@blogger.comtag:blogger.com,1999:blog-6714063.post-83019559202030105322010-05-24T09:30:16.270+09:002010-05-24T09:30:16.270+09:00The issue of low corporate tax rates in general ha...The issue of low corporate tax rates in general has come to the fore in Japan recently I see. My understanding, or perhaps more so belief as the research is not 100 percent conclusive, is that to a point lower tax corporate rates do not make the difference in terms of attracting international corporations, but, they can be a factor in facilitating more domestic discretionary technology innovation (and investment in other value add activities) which can lead to greater government revenues in the longer term. ie 30% of a lot is more than 40% of a mediocre amount. <br /><br />I guess the question is whether a blunt, low transaction cost instrument like lower corporate tax rates is better, or a direct R&D tax credit with higher transaction costs is better. I understand there is evidence for both.<br /><br />This article was interesting IMO on this issue:<br /><br />http://www.tokyofoundation.org/en/articles/2010/the-urgent-task-of-lowering-japan2019s-corporate-tax-ratesigma1http://www.sigma1.wordpress.comnoreply@blogger.com