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Japan restructuring taxes, halts duties for eco-friendly cars

Japan's in just as tough a financial position as any other industrialized country in the world. With an aging population and a dwindling sum to pay out social security, the Japanese government is working on new taxing schemes to bring in extra revenue. Unfortunately, that's a tough sell in an economy that's being pinched from every direction. The Japanese automakers have also been seeing slower sales in their home market for the last several years. In an effort to spur sales of eco-friendly automobiles, the government is considering halting ... Read more →

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