Consumption tax a way to fund Japan plan to up birthrate: businesses

Keidanren chief says companies must hike wages to offset inflation until 2030

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Masakazu Tokura, leader of Japan's top business lobby Keidanren, says companies must raise wages to offset inflation until around 2030. (Photo by Yutaka Miyaguchi)

Nikkei staff writers

TOKYO -- Japan's top business lobby Keidanren wants the government to consider raising consumption taxes to fund social security measures, its leader told Nikkei on Monday.

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