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)
“ The latest data from the U.S. NY Empire State Manufacturing Index paints a grim picture, with March’s figures plummeting to -20.9, indicating a rapid decline in the sector. Every indicator spells trouble: new orders dwindle, inventories shrink, employment drops, and optimism wanes, signaling broader economic distress…..”
Perhaps you should take note of the latest US economic figures…..yes, Russia gets stronger every day- while the US is getting closer to the “ brink” every day.
Like it or not- the US debt to GDP is 120 percent and increasing exponentially….the Russian Federation debt to GDP at 17 percent.
It doesn’t take a genius to see where this goes.