The impact of this approach may be even more pronounced in Japan, where only a small share of firms currently pay corporate tax. One reason for this is the contractionary monetary policy pursued by former Bank of Japan Governor Masaaki Shirakawa, which prevented the economy from reaching its growth potential for more than 15 years, until Haruhiko Kuroda took over the position.
这一方针的影响在日本可能更为显著，因为目前只有一小部分企业缴纳公司税。一个原因是前任日本银行行长白川方明（Masaaki Shirakawa）所实施的紧缩货币政策导致日本经济在15年的时间里都没能实现其增长潜力，直到黑田东彦（Haruhiko Kuroda）上任才有所改观。