Posted on 08/05/2023 6:05:09 AM PDT by marcusmaximus
President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which was published on a government website on Friday.
The law, passed by parliament last month, is aimed at raising 300 billion roubles and easing strain on the budget as Russia wages its war in Ukraine. Reuters reported exclusively on Friday that Russia had doubled its 2023 defence spending target to more than $100 billion, or a third of all public expenditure.
(Excerpt) Read more at money.usnews.com ...
What’s the top income tax rate in Russia? US?
Corporate tax for both?
What country do you live in?
"Each year federal agencies receive funding from Congress, known as budgetary resources . In FY 2023, the Department of Defense (DOD) had $1.77 Trillion distributed among its 6 sub-components. Agencies spend available budgetary resources by making financial promises called obligations."
Source: https://www.usaspending.gov/agency/department-of-defense?fy=2023
You say, "Once a commie, always a commie." Likely, but a damn cheap commie compared to the Biden administration's flood of really, really, really big defense bucks. Putin's a piker, by comparison.
$100 billion < $1.77 Trillion
You forgot to answer any question.
March 9, 2022, 1:04 PM
Senator Warren Is Seeking Big Oil Windfall Profits Tax
So basically Democrats are similar to Putin?
Since retention seems a problem, I will repeat the simple last part of my comment.
$100 billion < $1.77 Trillion
The dims threatened a windfall profits tax back in the 1970’s.
Guess Joe is still stuck in that time zone.
10% flat tax when I was there.
How’s your taxes here?
Getting distracted and hating on Putin is a great escape from the country you live in, right now, that is circling the drain.
Imagine that.
Since retention seems an ever larger problem, I will repeat the simple last part of my comment.
$100 billion < $1.77 Trillion
Since retention seems an ever larger problem, I will repeat the simple last part of my comment, comparing Russian and US defense spending
$100 billion < $1.77 Trillion
Tell your Putin to stop channeling Jimmy Carter.
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