Posted on 03/15/2024 7:17:44 AM PDT by marcusmaximus
Vladimir Putin could raise taxes after the presidential election this month to keep the money flowing to pay for the country's war in Ukraine.
Bloomberg reported on Monday that the Kremlin is considering dipping into the pockets of high-earning Russians and corporations, as the government plans to hike taxes by as much as 4 trillion rubles ($44 billion). Sources said that the hikes could be finalized this summer.
Under the plan, the government would raise personal income tax from 15% to 20% for those earning over 5 million rubles (roughly $55k USD) and from 13% to 15% for those making over 1 million rubles (roughly $11k USD) annually. Officials are also considering bumping up the corporate tax rate to 25% from the current 20%, according to Russia's "Important Stories" news site.
Putin delivered a message to Russian lawmakers on February 29 that he wanted a fairer tax distribution, targeting higher personal and corporate incomes.
(Excerpt) Read more at businessinsider.com ...
ZEEPER FOLLIES PINGLIST!(((PING!)))
$11k = “high earner” in Russia! Winning!
Joe Biden will raise taxes after the presidential election this November to keep the kickback money flowing to pay for the the country’s proxy war in Ukraine.
Bulls1t inside…. Russia is raising taxes… what about it Bidum? It’s happening here and crickets from our press
Biden is toast. He won’t win in November.
President Trump will cut taxes next year.
$11k! Living large!
Taxes are lower in Russia than United States even after the proposed increase! Who knew!
What is the USA income tax rate on someone making $11k a year?
Trump will end 1040 income taxes
Taxes are theft
Who’s going to pay for the borrowed US $250 Billion (after $61 Billion more for Uke corruption) that you have been cheering so loudly for as it has been pi$$ed away? That’s right, our children. And who will pay for the tens of billions of interest blown away as we service this additional debt, yep, our kids again. Principle and interest already a third of a trillion on our kids tab and you’re crowing about the Russians paying as they go, the Russian national debt is under $300 billion. Ours $35 Trillion and increasing a trillion every three months. Yeah, let’s all laugh at those stupid Russians!
$11k a year! Living stronk!
Laugh away- but who is better off? I had many discussions with the Ivan’s I trained while in Moscow.
US citizen: House mortgaged for 30 years, two car payments for four years, boat payments for five years, huge health insurance payments, massive Credit card debt, Federal, State, Local taxes…… OR……
Russian citizen: Apartment/ home paid for, car paid for, a nice Dacha in the country paid for, free / low cost medical plans with doctors that still do house calls, extremely low food costs, a flat 15 percent tax which the employer deducts, government pension paid out after 20-25 years of work…….
To each his own, but every Ivan I knew were debt free.
Mother Russia stronk as bull!
33% tax increase stronk as bull!
Under the plan, the government would raise personal income tax from 15% to 20% for those earning over 5 million rubles (roughly $55k USD)
By 2025, Russia will be reaching the point of financial exhaustion due to the direct and indirect costs of the Ukraine War.
The U.S. national debt is rising by $1 trillion about every 100 days and zeepers want us to keep funding Joe & Volod’s Laundromat.
Either zeepers are anti-America or they’re the stupidest people on FR. Even worse than the vaxers.
$0
Continuing to demilitarize Russia with less than 5% of our defense budget is the bargain of the century.
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