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Japan confronts a taxing problem

An expected consumer spending boom ahead of Japan's looming sales tax rise doesn't seem to be materializing as hoped - a troubling prognosis for an economy bracing for a post-hike backlash. Yonggi Kang reports.

http://www.wusa9.com/video/3214766661001/1/Japan-confronts-a-taxing-problem http://cdn.newslook.com/dc/dc4243fcc9e5954ffdbeca369551ba9d/images/frame_ext.jpg Japan confronts a taxing problem An expected consumer spending boom ahead of Japan's looming sales tax rise doesn't seem to be materializing as hoped - a troubling prognosis for an economy bracing for a post-hike backlash. Yonggi Kang reports. JPMorgan Asset ManagementFinanceShinzo AbeReutersnewslookWorldJapan 02:23

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