Here we conduct a macroeconomic estimation of the trends regarding the income tax base by making use of the 93SNA while overcoming some of the problems detected in estimations in preceding research. If we take a look at the post-1997 trend, Morinobu and Maekawa (2001), although the tax base...

The current fiscal situation of Japan is the worst among leading industrialized nations, based on both stock and flow, which means that currently active generations receive benefits on the premise of burdens borne by the future generations. In this paper, we discuss the cause of Japan's fiscal...