TOKYO (Reuters) - Prime Minister Shinzo Abe is on course to raise Japan's sales tax as scheduled in a crucial step toward fixing the nation's tattered finances, despite calls in his government to water down the increase, senior coalition officials said on Wednesday. Full story
TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Tuesday that abandoning a planned increase in the sales tax is not an option unless there are significant external shocks to the economy such as the Lehman financial crisis. Full story
Brandon Mayor Butch Lee says the city may have to cut services and have layoffs in part from having to repay the state for sales taxes it overpaid the city. Full story
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has ordered a study of the economic impact of various alternatives for implementing a planned sales tax increase, including a plan for more gradual 1 percent annual rises, government sources familiar with the situation said over the weekend. Full story
Mayor Mick Cornett. R-Oklahoma, talks about the sequester’s impact on local economies and what mayors this weekend across the country can do about it during their meeting in Las Vegas.