RE: And Russia isn’t exactly the poster child for fiscal health these days, is she? Her economy is in the toilet, her government bonds area at junk level, and her natives are getting restless.
And that’s related to their flat tax? What would happen if they had a progressive tax code with the KGB version of the IRS? That would be better for their economy?
It apparently wasn't able to generate enough revenue when oil prices went down the tubes.