Posted on 05/29/2024 7:15:59 AM PDT by marcusmaximus
Russia launched plans to sharply raise taxes on high earners and companies to fill state coffers and fund what it sees as a long war in Ukraine.
A government commission on Wednesday approved a Finance Ministry plan to introduce a new progressive income tax as well as raise corporate tax rates. The proposed amendments, which would come into force from next year, are expected to bring an additional 2.6 trillion rubles, or around $29 billion.
-snip-
Per capita household income is around $7,100, according to data provider CEIC.
Russia’s military expenditures are already running at over 6% of gross domestic product, approaching levels reached by the Soviet Union at the height of the Cold War in the 1980s. Earlier this month, Putin appointed a macroeconomist, Andrei Belousov, as minister of defense, highlighting the extent to which the war has become central to Russia’s economic paradigm.
(Excerpt) Read more at msn.com ...
This seals it then: Putin is a Democrat.
ZZZZZZZZZZZZZZZZZZZZZ
However, after Maiden, Crimea, Georgia, etc., there was almost no way Ukrainians were going to let Putin, or “putler” as they like to call him, do that. I think they like their freedom too much.
And certainly not now after all that they have endured and have lost due to Putin and all he’s done unto them.
From conversations I had before the invasion, I kinda think Holodomor might have been “forgotten” had Putin tried to woo Ukraine like a friend or like a lover.
But, instead, he first became manipulative and then morphed into a violent, jealous ex-husband taking revenge on his ex-wife because he doesn’t like her new friends.
Buried in the middle of the story:
“Russia currently has a flat tax of 13% for most people, with some higher earners paying a 15% rate, a significantly lower tax burden than in the U.S. or Europe. According to the proposed changes, new rates would range from the current 13% for those earning up to the equivalent of $27,000 a year to as high as 22% for those exceeding $560,000.”
LOOK HOW EVIL!!!!!!!!
Why are you making fun of Russia when the Ukraine is a worse sh!thole? Poorest country in Europe.
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