Japan Has to Widen Its Tax Base: SocGen's Baader

The video discusses Japan's economic downgrade, the implications of delaying the consumption tax hike, and the need for shifting taxation from direct to indirect forms. It highlights investment strategies in Japan, considering the depreciation of the yen and the stock market's performance. The discussion also covers Japan's recession status, potential economic recovery, and the impact of Abenomics, focusing on structural reforms and political strategies to boost the economy.

What was the primary reason behind Japan's credit downgrade?

• Delay in consumption tax hike

• Rising inflation

• Increase in direct taxes

• Decrease in exports

Why is it suggested that Japan should shift from direct to indirect taxation?

• To match the United States' tax rates

• To increase corporate profits

• To align with European tax systems

• To reduce the tax burden on income

What is the expected growth rate for Japan in the next fiscal year?

• 3%

• 1.25%

• 0.3%

• 2%

How does the depreciation of the Japanese yen affect the stock market?

• It leads to a rise in the stock market

• It causes the stock market to fall

• It stabilizes the stock market

• It has no effect

What is one of the key reforms under Abenomics?

• Abolition of the reconstruction tax

• Reduction in healthcare spending

• Increase in direct taxes

• Decrease in agricultural subsidies

Why did the Japanese government decide to go back to voters?

• To increase the consumption tax

• To gain a mandate for reforms

• To reduce corporate taxes

• To change immigration policies

What structural change is suggested to boost Japan's economy?

• Increase in direct taxation

• Decrease in public spending

• Increase in corporate tax rate

• Reduction in corporate tax rate