Thursday, June 2, 2011

Govt Unveils Plan To Double Sales Tax To 10%

Dow Jones reported that Japan planned on increasing her sales tax from 5% to 10%. This, combined with the defeat of the no-confidence motion, must have made my government happy. TiVo shares jumped 55 cents to $10.70. Vonage shares performed more modestly. They rose 4 cents to $4.73.

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