This war is costing Russia a fortune. 41% of Russia’s budget!
At this rate, Russia is doomed to fail, sooner or later. Russian citizens will be fed up being overtaxed - for no return.
“To estimate the total federal budget expenditures on the war, it is necessary to add to this amount the classified expenditures of other agencies. The main motive for classifying expenditures is their connection with defense and security. Taking into account such expenditures, the total amount of spending on the war will be about 13.4 trillion rubles, or 41 percent of budget expenditures. Since the estimate of total budgetary spending has increased slightly, military spending in 2023, if its share remains unchanged, may rise to 13.6–13.7 trillion rubles, or $150–$160 billion. This is three times more than Russia spent on defense in 2019–2021 ($44–$49 billion). For this year, military spending will increase by about 60 percent.”
Full article here:
https://www.wilsoncenter.org/blog-post/war-tax-russia
In the Reagan years prior to the collapse of the USSR, the Soviet Union was spending 38% of its budget on defense.
You guys make up stuff and pretend that it is true.
Personal income taxed at 13% tax rate and reduced by an amount of tax deductions
I could list 20 Western globohomopedo countries where rates are higher.
…..but at least they aren’t bankrupt! Their debt is 17 percent of GDP, the US: 120 percent! ….with $$$ 33 trillion in debt! ( not counting unfunded liabilities)the US’s $$$ 1Trillion now in interest payments on debt alone……while Vlad is bringing in hundreds of billions in cash, a month!
It doesn’t take a genius to see who collapses. I await senile Joe to confiscate (steal) $300 billion of Russia’s frozen western assets….for all the world to see..it will be the final spike in the USD hegemony.
And Vlad says Checkmate, again!