Surely you can do better than that, Doink.
Posted on 05/29/2024 10:25:39 AM PDT by marcusmaximus
Russia has announced plans to raise taxes on businesses and the wealthy as it scrambles for additional revenue to fund its invasion of Ukraine.
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“The changes are aimed at building a fair and balanced tax system,” Minister of Finance Anton Siluanov said in a statement, adding that the extra funds would bolster Russia’s “economic wellbeing”.
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Income tax is currently 13 percent for the majority of Russians, with some higher earners paying a rate of 15 percent.
The Finance Ministry said under the amendments that the 15 percent rate would apply for annual incomes between 2.4 and 5 million roubles ($27,000-56,000), with three higher bands – of 18 percent, 20 percent and 22 percent – further up the income ladder. The top rate would apply to earnings exceeding 50 million roubles ($560,000).
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The corporate tax, meanwhile, will rise to 25 percent from 20 percent, adding 1.6 trillion roubles ($18b) to the budget in 2025 and 11.1 trillion roubles ($125.3bn) by 2030, according to Interfax.
The ministry said corporate tax rates could increase because the share of profitable companies in the economy was growing.
(Excerpt) Read more at aljazeera.com ...
Surely you can do better than that, Doink.
Putin is a Communist. What do you expect?
Field trip to Kharkov for ice cream!
Bring your assault teddy bears and favorite blankies for the sleep-over!
US Tax Rates 2024
10%: $0 to $11,000
12%: $11,001 to $44,725
22%: $44,726 to $95,375
24%: $95,376 to $182,100
32%: $182,101 to $231,250
35%: $231,251 to $578,125
37%: $578,126 and above
On the flip side, the day is not over on the Eastern Front.
So? I support soaking American corporations for Ukraine and any other insane spending schemes govt cooks up. Only then will things change.
Do the Oblasts have income taxes? 42 states do.
I really don’t care what Russia does to it’s citizens. I care about what the government of this country is doing to it’s citizens.
Russia soak the rich tax hikes stronk as bull!
What about them eggs MarcyMaxipad? What about them damned eggs! Doink. Doink. Doink.
Our top tax rate is 37%, more than twice as high.
You never cease making a fool of yourself.
Iran exports batch of eggs to Russia for the first time
https://tvbrics.com/en/news/iran-exports-batch-of-eggs-to-russia-for-the-first-time/
Putin flat tax sunk like Moskva!
I’ve always wondered - Are you a bot or AI program?
The narrative of “OMG - Govt raises taxes to fight war” is almost too stupid for a real human being to promote
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