Reuters takes a stern stance. This is a tax-and-spending bill that will doom America's future,

To everyone in the world's media　

I will provide the missing materials so please request by email.

July 21, 2025 Japanese version
(Q. Should Musk be expelled?) President Trump said, "I don't know. Maybe we need to consider it." Many people are concerned about the widening of the US fiscal deficit.

Elon Musk: "If this insane spending bill passes, the (New) America Party will be formed the next day." The bill was subsequently passed. It is a threat to the Republican Party.

Reuters has a harsh view. This is a tax cut and spending bill that ruins the fu-ture of America, and it is by no means "beautiful." I think this way of saying it is "too much."

The bill also includes a campaign promise for the 2024 presidential election. Specifically, it will implement a temporary tax exemption on tips and overtime pay until 2028. This is a typical Trumpian way of doing things, and I like it.

Tax credits for electric vehicles and climate change projects introduced in 2022 under the previous Biden administration have been repealed. This is a good thing.

New tax incentives have been established for auto loan interest rates for Ameri-can-made cars. I argue that instead of this tax cut, we should create "special economic zones" where "low-wage workers" live and bring factories back to the United States.

According to estimates by the CBO (Central Bank) and the Joint Committee on Taxation of the US Congress, this bill under current law is expected to increase the federal budget deficit by $3.4 trillion over the next 10 years. I am against the deficit.

On the other hand, the current policy platform aimed at by the Senate Republi-cans is expected to reduce the budget by $400 billion over 10 years. However, this estimate does not include the economic effects of the bill.

The Trump administration claims that in addition to economic growth through tax cuts and deregulation, tariff revenues will offset part of the fiscal burden of this bill. I do not think that "tariffs" should be used for such policies.

I cannot find any policies that will strengthen American manufacturing. What the Trump administration needs is not "protection through tariffs" but an "ex-port promotion" policy that the "BRICS" feel is a "threat."

The "Trump tariffs" should be short-term. What America needs is not "import restrictions through tariffs" but "export promotion" policies. Tariff revenues should be used for that purpose.

I propose "balanced countervailing duties" that impose tariffs on "trade deficits" on a corporate group basis. The Trump administration should accept my pro-posal.

And America needs a policy to "take back" the "world's factory." To do that, we should build a "special zone on the Mexican border," accept "illegal immi-grants," and employ them as "low-wage workers" at lower wages than China or Mexico.

Part 1 Reference Materials
Column: America's Future Destroyed by "Unbeautiful" Tax Increases and Spending Bills
https://jp.reuters.com/opinion/forex-forum/YFXD2L2IJFLYDGBQLDVSWYSV64-2025-07-02/

I'll write again tomorrow.

Part 2. "Immigration Control Act Violation Cases" "Weekday Edition".

"Everyone" in the "international community" please help!

First, please read about the "false accusation" of "aiding and abetting violation of immigration law" in 2010.

"Chapter 1". The summary of the incident is as follows.

In the fall of 2008, my company (I am the president) promised to hire "Chinese people studying abroad on student visas". I "issued" them "employment contracts" stating that "LEFCO" would "employ" them when they graduated from university the following spring.

However, after that, the "Lehman Shock" occurred in 2008.

As a result, orders for "system development" from the following year onwards were "cancelled".

As a result, "LEFCO" "cancelled" the "employment" of "those who were scheduled to join the company" in 2009.

Therefore, "they" continued to work at the restaurants where they had worked part-time as students even after graduating in 2009.

In May 2010, the Chinese were arrested for "violating Article 70 of the Immigration Control Act" by "activities outside of the status of residence".

In June 2010, after their arrest, I and the Chinese person in charge of recruitment (KingGungaku) ​​were also arrested.

The reason was "crime of aiding and abetting" the Chinese for "violating Article 70 of the Immigration Control Act (activities outside the status of residence)".

The prosecution said that I and KingGungaku giving the Chinese a "false employment contract" constituted "crime of aiding and abetting" under the Criminal Code.

"Chapter 2". Crimes in the judgment: (arbitrary and ridiculous)

The charges in the indictment are "the very provisions" of "Article 22-4-4 of the Immigration Control Act".

If a "status of residence" is obtained by submitting false documents, the Minister of Justice can revoke the "status of residence" at his "discretion". (And the person will be deported).

Therefore, even if a Chinese person submits "false documents," it is not a crime. It is not a crime to "aid" an innocent act.

The "reason for punishment" in the judgment:

1. The Chinese person obtained "resident status" by submitting a "false employment contract."

2. And they violated the Immigration Control Act (activities outside of their status of residence).

3. The Chinese person obtained "resident status" because "we" provided the Chinese person with a "false employment contract."

4. The Chinese person was able to "reside" in Japan because he obtained "resident status."

5. Because of that, the Chinese person was able to "work illegally."

6. Therefore, "we" who "provided" the Chinese person with a "false employment contract" were punished for "aiding" the Chinese person's "activities outside of their status of residence."

This is an "error" in the arbitrary "logic of law."

This reasoning is the "argument" that "when the wind blows, the barrel maker (profits)." This goes against "legal logic" even internationally.

The "criminal reason" in the indictment cannot be a crime because the provisions of the "Immigration Control Act," which is a "special law," take precedence over the "Criminal Code," which is a "general law."

My argument:

"1": The Immigration Control Act stipulates that the Minister of Justice will revoke the act of a foreigner who has obtained a residence status by submitting false documents (Immigration Control Act: Article 22-4-4, cancellation of residence status) through "administrative disposition." That's all.

"2": The Chinese who engaged in "unqualified work activities" are not guilty. The reason is that their "employers" have not been punished for the "crime of aiding and abetting illegal employment" under Article 73-2 of the Immigration Control Act.

Therefore, under the principle of "equality under the law," the Chinese are not guilty.

The Japanese government has punished "diplomats and Philippine embassy staff" for the exact same "criminal reason."

However, like the Chinese government, the Philippine government is also silent.

The rest will be published in the Saturday edition.

Part 3. Special Zone Construction. A new business model.

Special Zones accept refugees and immigrants as temporary immigrant workers and limit their residence to the special zone.

Developed countries use them as low-wage workers and achieve high economic growth again.

Refugees and immigrants can get jobs and live a hopeful, humane life.

Temporary immigrants are low-wage, but "food, clothing, shelter, medical expenses, and education are free."

NO2: https://world-special-zone.seesaa.net/
NO1: https://naganoopinion.blog.jp/

For NO4: to NO10:, please see the Sunday edition.

Thank you.

Yasuhiro Nagano