6) The JNR Reform from the viewpoint of the tax payer
While JNR paid almost no tax before the reform, it was receiving about \600 billion annually in subsidies from the government. Since the reform, while the govemment has supplied annual subsidies to the JNR Settlement Corporation in the amount of \100 billion, the JR companies have been operating at a profit, and paying corporate taxes on them which are larger than the subsidies given to the JNR Settlement Corporation.
Thus, in comparing the pre- and post-reform periods, a difference in \700 billion annually is being retumed to the people of Japan.
