Kemp urges tax reform and open trade with Japan
Former Rep. Jack Kemp told a Cedar Rapids conference that the United States must pursue tax reform, lower rates, and a flatter system to stay competitive. He urged immediate capital gains tax cuts, investment expensing, and indexing to spur growth and cheaper borrowing. Kemp backed a U S Japan free trade deal to shape Asia policy and link NAFTA and Europe with GATT goals.
MENTIONED IN THIS ARTICLE
George C. Forde
Jack Kemp
R-N.y
United States
Kemp
Cedar Rapids
Japan
Pacific Rim
Bob Dole
Newt Gingrich
America
U.S
Mal
Colm Forbes Jr
Asia
China
Trade leaders urge action beyond symbolic gestures in U.S.-Japan talks
At Cedar Rapids the Midwest U.S.-Japan Association chairmen pressed for rapid, sector specific reforms to open Japan’s markets and curb excessive overtime while advocating mutual investment. Ishikawa of the Japan-Midwest group urged deregulation and lower land prices to spur growth as Japan faces a bubble era debt overhang and calls for tax and deficit measures.
MENTIONED IN THIS ARTICLE
Ira Shapiro
U.S
Japan
Hiroji Hashimoto
Hitachi Cable Ltd
Five Seasons
Taro Nakayama
House of Representatives
Cedar Rapids
George C. Ford
Rokuro Ishikawa
Ishikawa
United States
Japan Federation of Economic Organizations
Japanese consumers wary of bioengineered foods
Biotech crops coming to Japan face tight consumer trust, said Katsuhiro Utada of Ajinomoto. He spoke at the Midwest U.S.–Japan Association meeting on reg tips and consumer acceptance, noting Japan's reliance on American soybeans and corn. Utada urged joint BT work to boost food quality and quantity worldwide.
MENTIONED IN THIS ARTICLE
Japan
Ministry of Health and Welfare
Katsuhiro Utada
Ajinomoto Company Inc
Utada
Kazuo Ito
Ajinomoto USA
U.s.-Japan Association
Five Seasons
United States
Also Mentioned on This Page
Europe
ASONS
Empower America Foundation
Katsuhiko Komai
Usui International Corp
Terry Branstad
Branstad
Midwest
By Marlene Lucas
Photos By
Lisa Powell