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93%  
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  • Russia proposes higher income taxes for the well-off

    05/29/2024 1:29:56 PM PDT · by marcusmaximus · 27 replies
    Reuters MSN ^ | 5/29/2024 | Reuters
    Russia’s finance ministry on Tuesday proposed introducing extra progressive income tax rates for those earning more than 2.4 million roubles ($27,100) annually, as well as raising the mineral extraction tax for fertiliser and iron ore producers. -snip- The proposed tax amendments also include an increase in taxes for fertiliser and iron ore producers. The mineral extraction tax for iron ore producers would increase by 1.15 times, for potash producers by 2.3 times and it would double for phosphorus fertiliser producers.
  • Russia's Wagner chief warns of frontline collapse if forced to retreat from Bakhmut

    03/05/2023 10:30:30 PM PST · by familyop · 24 replies
    Reuters ^ | March 6, 2023 | Lidia Kelly, Nick Starkov, Stephen Coates
    "If Wagner retreats from Bakhmut now, the whole front will collapse," Yevgeny Prigozhin said in a video published over the weekend. "The situation will not be sweet for all military formations protecting Russian interests."...the ammunition that his forces were promised by Moscow in February had not yet been shipped. "For now, we are trying to figure out the reason: is it just ordinary bureaucracy or a betrayal," Prigozhin said on his usual press service Telegram channel.