Chapter 383 – Formulation of the Fiscal Year 1935 Budget (1)
Chapter 383 – Formulation of the Fiscal Year 1935 Budget (1)
Chapter 383 – Formulation of the Fiscal Year 1935 Budget (1)
It happens every year, but around the middle of January, deliberations on the national budget for the coming fiscal year begin. The budget is passed by the end of March.
“An extraordinary profits tax?”
“Yes, Reiko-ojou-sama. Just as the name suggests, they plan to introduce a new tax on what is deemed to be ‘extraordinary profits.’”
Tokita answers my question in his usual manner. We then continue with a question and answer session about this latest development for a while.
“So basically, the government is going to take whatever we earn above the usual amount?”
“That would be a generally accurate interpretation.”
“And where exactly are they drawing the line?”
“When profits exceed the average profits for the three years prior to 1931.”
“They’re targeting us?”
“Rather than our Ootori Group, it is the zaibatsu and banks that