Encyclopedia > Wall of 1.03 million yen and 1.30 million yen

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Wall of 1.03 million yen and 1.30 million yen

In Japan, Wall of 1.03 million yen and 1.30 million yen (103万円・130万円の壁) is a controversial social phenomenon among Japanese housewives due to the government's taxation policy. That is, those who have an income in excess of 1.03 million yen cannot have marital deduction[?] (配偶者控除) and those who exceed the income of 1.30 million yen cannot have special marital deduction[?] (配偶者特別控除).

See also: Tax in Japan[?]

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