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Russia Raises Income Tax on Rich to Pay for Ukraine War
Wall Street Journal - MSN ^ | 5/29/2024 | Georgi Kantchev, Chelsey Dulaney

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 ...


TOPICS: Chit/Chat
KEYWORDS: chelseydulaney; communism; gabbagabbahey; georgikantchev; marcusclimaximus; marcusnewobsession; montymaximus; psychomaximus; russia; sowhat; spamthread; verminmaximus; whocares
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Per capita household income is around $7,100, according to data provider CEIC.


1 posted on 05/29/2024 7:15:59 AM PDT by marcusmaximus
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To: Allegra; AndyJackson; ANKE69; bimboeruption; Candor7; Carriage Hill; Cold_Red_Steel; dforest; ...
Buttcrack Zeepers-2

ZEEPER FOLLIES PINGLIST!
(((PING!)))

2 posted on 05/29/2024 7:17:07 AM PDT by aMorePerfectUnion
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To: marcusmaximus
Oh, noooooooooo!


3 posted on 05/29/2024 7:22:23 AM PDT by Allegra (Toss a zeeper in the Dnieper)
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To: marcusmaximus
"Russia Raises Income Tax on Rich to Pay for Ukraine War"

As opposed to Ukraine, who uses compromised politicians in the US and elsewhere in Europe to raise taxes on their people to pay for the Ukraine War (and for the pensions of Ukraine politicians, and Zelenski's million dollar properties, etc.)

4 posted on 05/29/2024 7:23:20 AM PDT by Tench_Coxe (The woke were surprised by the reaction to the Bud Light fiasco. May there be many more surprises)
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To: marcusmaximus

What boobs! Now wonder they have a national debt of $280billion! They should pay for their imperialist wars the way we do, we borrowed $8TRILLION since 2001 for the war on terror. How many tens of trillions to be borrowed for the new, neocon, generational Cold War II?


5 posted on 05/29/2024 7:23:57 AM PDT by hardspunned (Former DC GOP globalist stooge)
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To: aMorePerfectUnion
Kharkiv in 3 days!


6 posted on 05/29/2024 7:24:24 AM PDT by marcusmaximus
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To: marcusmaximus

$7100 a year. Ooooh, mighty Ruzzia.


7 posted on 05/29/2024 7:33:07 AM PDT by MeganC (Ruzzians aren't people. )
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To: Tench_Coxe

“Russia Raises Income Tax on Rich to Pay for Ukraine War”

I thought all the revenue from petroleum sales was supposed to do that - wasn’t that why Bide shut down all the pipelines and new petroleum exploration in the US? To shift the demand to Russia?


8 posted on 05/29/2024 7:34:12 AM PDT by alloysteel (Most people slog through life without ever knowing the wonders of true insanity.)
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To: MeganC

—> $7100 a year. Ooooh, mighty Ruzzia.

More than 3x Ukraine… so


9 posted on 05/29/2024 7:49:24 AM PDT by aMorePerfectUnion
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To: marcusmaximus

Median Income in Russia is around $9,500.

They are clearly an economic powerhouse.


10 posted on 05/29/2024 7:57:14 AM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: marcusmaximus

I feel their pain.


11 posted on 05/29/2024 8:17:27 AM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
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To: marcusmaximus
So, Russia now has a top rate of 15% and 13% for everyone else. That is still a massive fairly system than we or any Western country has.

WE HAVE FAR MORE A MARXIST TAX CODE.

Yet, here you are attacking Russia.

You're retarded, Marcus. Take your obsession with Russia and all the Russian hatred and stick shove it.

12 posted on 05/29/2024 8:23:39 AM PDT by Kazan
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To: Kazan

$7,100 per year? Lol!


13 posted on 05/29/2024 8:37:14 AM PDT by marcusmaximus
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To: marcusmaximus; aMorePerfectUnion
Kharkiv in 3 days!

Field trip to Kharkov for ice cream!

Bring your assault teddy bears and favorite blankies for the sleep-over!

14 posted on 05/29/2024 8:53:30 AM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: marcusmaximus
I remember obama as being one of the greatest gun salesmen this country has ever had and so, too, now with Putin being the greatest salesman NATO has has ever had.

Before Putin’s invasion of Ukraine, Russia was being seen more and more as a friend and NATO was in serious decline, so much so that Trump was having to threaten other member countries to keep up their ends of the deal.

Now, thanks to Putin, NATO is expanding, European countries are lining up to support Ukraine, Russia has lost markets and friends, while Putin’s military is killing and maiming and destroying his neighbors, along with 100s of thousands of his own, too.

The “I did that” meme did belong to Biden, but now it’s Putin’s.

Putin is doing this. Not Vicky Nuland, not obama, not Biden, nor any former or current European leader of any NATO country.

All they are is just the excuse Vladimir Vladimirovich needed, his someone/something to blame, for him to do what he is doing now, which is apparently what he has always wanted to do anyway.

Eternity waits for us all, Vladimir Vladimirovich, but I have to wonder about what you set in motion and what is coming for you now in this life. Repent while there’s still time.

15 posted on 05/29/2024 9:24:33 AM PDT by GBA (Endeavor to persevere. Onward through the fog …)
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To: GBA

“...thanks to Putin, NATO is expanding, European countries are lining up to support Ukraine, Russia has lost markets and friends, while Putin’s military is killing and maiming and destroying his neighbors, along with 100s of thousands of his own ... Putin is doing this. Not Vicky Nuland, not obama, not Biden, nor any former or current European leader of any NATO country...”

What you say is true. But the weak response to Russia’s invasion of the Republic of Georgia and the weak response of the West to Russia’s 2014 land grabs helped embolden the bully eleven-time-zone country to launch the all-out invasion of the one-time-zone country. Ukraine, to its credit has written a great chapter in innovative and intrepid military history.


16 posted on 05/29/2024 9:38:24 AM PDT by Monterrosa-24 (Saludemos la patria orgullosos)
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To: kiryandil
Kharkiv in 3 days!


17 posted on 05/29/2024 10:06:40 AM PDT by marcusmaximus
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To: marcusmaximus
Kharkov in 3 days!

Crimea by summer 2023 2024 2025!

Azov guys! Bring your Crimea assault Speedos and assault Yams!

Wear the yams in front this time!

18 posted on 05/29/2024 10:09:18 AM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: marcusmaximus; Kazan
What Ukraine lines at Staromaiorske doink, Doink?


19 posted on 05/29/2024 10:12:12 AM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: Tench_Coxe

As opposed to the United States which raises taxes on the poor and middle class via inflation and borrowing to pay for the globalists’ war in Ukraine.


20 posted on 05/29/2024 10:17:34 AM PDT by T.B. Yoits
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