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Japan Inc. Urges Lower Corporate Taxes, Joining TPP for G

Prime Minister Shinzo Abe’s victory in yesterday’s election solidifies his control over the Japanese government and gives him a freer hand to carry out economic reforms. Japan’s business leaders have a wish list for him.

Executives would like Abe to use his newfound power to cut corporate taxes, ease regulations, loosen labor laws and join an international free-trade agreement, calling such steps the most promising way to build on efforts to get the world’s third-largest economy growing again after two decades of stagnation.