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Will the Japanese Consumption Tax Deter Investors?

Friday, 6 Jul 2012 | 1:30 AM ET

"The underlying logic behind the consumption tax hike (ten percent by October 15th) is basically that they need more money, they need more money because they are selling the story that they need to raise the consumption tax for the welfare system," Tosh Kojima, managing director and head of the Japan Asia Focus Group at DC Advisory, told CNBC.