Wealthy people in Japan and India face tax increases


The governments of Japan and India are considering ways of making rich people pay more tax.

For the government in Tokyo it would help to address its fiscal position of having the largest public debt in the world.

Meanwhile, India wants to make very wealthy people pay more tax, especially those who inherit a family run business empire.

BBC correspondents Yogita Limaye in Mumbai and Rupert Wingfield-Hayes in Tokyo, explain the economic strategies behind the drive to increase taxes for rich people.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.