Abe rules out raising sales tax beyond 10% for decade

The premier has repeatedly pledged to raise the sales tax to 10% this October as planned, barring a big economic shock on the scale of the collapse of Lehman Brothers.

TOKYO: Japanese Prime Minister Shinzo Abe (pic) said he was not considering raising the sales tax beyond 10% under his administration, and that he saw no such need for at least a decade.

The premier has repeatedly pledged to raise the sales tax to 10% this October as planned, barring a big economic shock on the scale of the collapse of Lehman Brothers.