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Asian News

'Salaryman' Tops Japan's Taxpayers List

Monday, May 16, 2005 1:47:01 PM
By KOZO MIZOGUCHI

TOKYO (AP) - He's the Japanese everyman, cramming himself into crowded commuter trains, working 18-hour days and buying lunch from an allowance doled out by his wife. And his tax bill is the nation's highest: a 46-year-old worker at an investment company paid more than $34 million in income tax in 2004.

It's the first time a "salaryman" has topped the list of Japan's biggest taxpayers, normally reserved for CEOs and elite executives.

The emergence of a salaryman at the top of the heap is seen as a sign that Japan's economy is strengthening after more than a decade in the doldrums. It also comes as corporate Japan is under increasing pressure to reward its most successful workers with financial incentives.


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