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    In Historic Step, Japan PM To Hike Tax; Will Cushion Blow To Economy

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    Wochit Headline News

    by Wochit Headline News

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    Japan's Prime Minister Shinzo Abe will take a step that none of his predecessors has tried in more than 15 years - making a dent in the government's runaway debt. Abe will announce that the government will raise the national sales tax to 8 percent in April from 5 percent.