Posted on 09/25/2025 8:16:46 AM PDT by marcusmaximus
After three and a half years, President Vladimir Putin is having to lean more and more on ordinary Russians to pay for his war in Ukraine.
The Russian Finance Ministry on Wednesday said it intends to raise value added tax by two percentage points to 22 percent, part of a three-year plan that aims to plug a rapidly expanding hole in public finances. VAT accounted for more than 15 percent of total government revenue last year.
After raising personal income taxes sharply at the start of the year, Putin had pledged there would be no more big changes to the tax system until 2030. However, central bank governor Elvira Nabiullina had warned at a press conference earlier this month that the widening budget deficit was the biggest risk to inflation, which according to official calculations is currently running at over 8 percent.
The Finance Ministry is not just raising tax rates. It’s proposing to bring far more small and medium-sized businesses into the tax net, reducing the annual revenue threshold for reporting to 10 million rubles ($120,000) from the current 60 million. It’s also introducing a 5 percent tax on gambling and a 25 percent income tax on bookmakers. The measures are “aimed primarily at financing defense and security,” the Ministry said in a statement. VAT on “socially significant goods” such as children's products, food and medicines will remain at 10 percent.
-snip-
the economy has slowed this year as a credit boom has abruptly ended. Economy Minister Maxim Reshetnikov said earlier this month that the economy “is cooling faster than expected.” Crude prices have fallen as Saudi Arabia and the United Arab Emirates have successfully lobbied for a steady increase in oil production, and Reuters estimates that revenue from oil and gas sales will be down 23 percent
(Excerpt) Read more at politico.eu ...
https://freerepublic.com/focus/f-news/4342356/posts
“Hey, marcus, hey, how about a little something, you know, for the effort, you know.”
Or you can be like marcus, and not contribute ANYTHING but spam to Free Republic!
I would think the Russian people would be getting a little tired of this. Not only the taxes but killing off an entire generation.
fill in the missing “m”!
| Receipts & Pledges to-date: $66,539 | ||||
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| Woo hoo!! And now only $691 to reach 83%!! Thank you all very much!! God bless. | ||||
Hey, look at how the US got away with it in Vietnam.
Russia is out of money—will soon face revolution as the Russian people revolt and march on the Kremlin and force Putin out. Troops will with draw from Ukraine and all lands taken will be liberated from Russian occupation. The Duma will select a new pro-America ruler, who will give lands to the New Ukraine to re-pay for war crimes. Zelenskyy will be hailed as Presiden-for-life as Crimea is renamed Tartaria and leased to the USN as a naval base. Russia is finished. This will happen when US sends in the Marines and army, and finishes off the Russian air force in a week. US-NATO war with Russian Federation will last only 29 days, with our boys hailed as liberators!
LOLOL!
You’re great fun!
Zarichne Has Fallen l Encirclement Of Russian Forces l Russia Reach The Outskirts Of Kostyantynivka
Just for curiosity, what additional things could the US/West do that would pour gasoline on the situation Rusdia is in financially? In addition to hammering their oil refineries and distillation centers relentlessly with drones?
Are Rusdian Rounle notes easy to counterfeit? Would it impact if certain areas were flooded with such notes?
....and Ukraine has no functioning economy after receiving $350 billion from the US. Trump said of bombed out cities in Ukraine, “That’s a 110 year reconstruction effort.”
Zelensky has told the West he’ll need $40 billion in ‘budgetary support’.
What ever Russia does or doesn’t do, I know Putin won’t demand we give him $40 billion in ‘budgetary support’ and over another billion in weapons.
If things are so dire, maybe he should do a “go fund me” tour like Zelensky. T
“oil refineries and distillation centers”
The Russian military could limit its buying to about two small refineries. It could protect these well.
The rest of the refineries would be 100% civilian use and not legitimate targets.
How are the gas lines in Tatarstan today, Ivan?
Russia has returned the bodies of 1,000 Ukrainian soldiers, five of whom died while in Russian captivity, authorities in Kyiv and Moscow said Tuesday.
##
Kremlin adviser and chief Ukraine peace negotiator Vladimir Medinsky later confirmed the exchange, saying Russia received 19 bodies as part of the Istanbul agreements “just like a month ago.” A similar 1,000-for-19 exchange took place on July 17.
Dead Bodies Don’t Lie — The Truth About Ukraine’s Military Casualties
For every dead Russian serviceman there are 39 dead Ukrainian soldiers. This represents nine months of data, so we are not dealing with a one-time aberration.
fixed it. This is a publicity war - it's not about reality.
“bombed out cities in Ukraine” are mainly in the areas Russia holds.
Ukraine had to be largely rebuilt after WW2. Many of the destroyed buildings were over 50 years old and exemplified Communist building quality.
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