Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $79,800
98%  
Woo hoo!! And we're now over 98%!! Thank you all very much!! God bless.

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  • Russia Raises Income Tax on Rich to Pay for Ukraine War

    05/29/2024 7:15:59 AM PDT · by marcusmaximus · 24 replies
    Wall Street Journal - MSN ^ | 5/29/2024 | Georgi Kantchev, Chelsey Dulaney
    Russia launched plans to sharply raise taxes on high earners and companies to fill state coffers and fund what it sees as a long war in Ukraine. A government commission on Wednesday approved a Finance Ministry plan to introduce a new progressive income tax as well as raise corporate tax rates. The proposed amendments, which would come into force from next year, are expected to bring an additional 2.6 trillion rubles, or around $29 billion. -snip- Per capita household income is around $7,100, according to data provider CEIC. Russia’s military expenditures are already running at over 6% of gross domestic...