Russia proposes higher income taxes for the well-off

Reuters MSN ^ | 5/29/2024 | Reuters

[marcusmaximus]

$27,100 a year in Russia is well-off?

[Robert DeLong]

In the 50s & part of the 70s in the US that was solidly middle class in America. But what are the current tax rates? in Russia currently?

[JonPreston]

[Ultra Sonic 007]

Given that Russia is apparently in the Top 10 countries based on Purchasing Power Parity per capita?

I would say so, relatively speaking.

Not as good as America, but comparatively better off economically than every other European country (except Germany).

[TonyinLA]

“The flat tax rate of 13% was introduced in Russia in 2001 at the beginning of Putin’s first term. From 2021, a rate of 15% was introduced for Russians with income exceeding 5 million roubles.”

The “new” tax would affect top 3.6% to a flat 18%.

Sounds pretty damn good to me paying about 65% of my yearly income to fed, state, local, gas, sales, etc.

[marcusmaximus]

In Putin’s Russia, $27,100 is rich and they must be soaked!

[BobL]

“Russia proposes higher income taxes for the well-off”

Don’t like it, then don’t keep telling us how GREAT Russia is. Find something else to do with your time.

[JonPreston]

[TonyinLA]

Relative currency value apparently is a concept unkown to Freepers. A $27,000 income is mocked, but eggs are $1/doz and you can rent an high end 3-bd apt in the center of Moscow for about $1,200/mo.

[marcusmaximus]

[JonPreston]

[Reverend Wright]

When the grocery bill is 1/4 of that in the USA, $27K ~== $100K

https://youtu.be/7atS2QVCJ2M?t=175

[Reverend Wright]

Exactly !

[marcusmaximus]

Soak the rich! $27k evil Kapitalists!

[TonyinLA]

And housing [3bd apt in center of Moscow $1,200/mo]
And gas [$2/gal]
And cars [$33k ave. price for 4-door sedan]
And healthcare [no additional charge, state run]

But yeah, those “poor” russkies having to get by on $27k/year.

[Secret Agent Man]

Russia will tax itself into prosperity.

Works everywhere its tried. Look how well we’re doing.

[Ultra Sonic 007]

There’s no point in providing these (completely correct) details to a bad-faith poster of agitprop.

[Robert DeLong]

Yeah, absolutely. BTW, this is the third post on this topic by this poster. The first one said that Putin had raised the tax on the rich, the 2nd post said that Putin might raise the tax on the rich, and now this the 3rd & latest post., and acts lie it's a big deal. But never compares the tax of US vs Russia. Instead we are supposed to be triggered. Like we should care about something that has zero impact upon a US citizen.

Thanks for the information.🙂👍 I won't even bother to confirm it, because I am not in the least triggered by the information in any of the 3 posts on this topic by this poster, nor do I take it as a sign of desperation on Russia's part even.

[Darksheare]

Only 17 more threads to post on this subject, you can do it!
We believe in you!

[marcusmaximus]

What Kerch explosions doink?