Time for Japan to update its tax policies to encourage women's fuller and continued participation in the regular paid workforce.
Why does a country with one of the highest rates of working women in the developed world have trouble keeping them in the regular paid workforce?
The Japanese economy is struggling with a shrinking workforce, an old population, and declining birth rates. There are millions of educated women who could enter the regular paid workforce and enter the shoes of the typical “salaryman,” but why don’t they? Unfortunately, Japanese taxation laws and policies are biased against encouraging, let alone keeping women in the workforce.
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