Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Business Insider ^ | 3/11/2024 | Yuheng Zhan

Posted on 03/15/2024 7:17:44 AM PDT by marcusmaximus

Vladimir Putin could raise taxes after the presidential election this month to keep the money flowing to pay for the country's war in Ukraine.

Bloomberg reported on Monday that the Kremlin is considering dipping into the pockets of high-earning Russians and corporations, as the government plans to hike taxes by as much as 4 trillion rubles ($44 billion). Sources said that the hikes could be finalized this summer.

Under the plan, the government would raise personal income tax from 15% to 20% for those earning over 5 million rubles (roughly $55k USD) and from 13% to 15% for those making over 1 million rubles (roughly $11k USD) annually. Officials are also considering bumping up the corporate tax rate to 25% from the current 20%, according to Russia's "Important Stories" news site.

Putin delivered a message to Russian lawmakers on February 29 that he wanted a fairer tax distribution, targeting higher personal and corporate incomes.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Chit/Chat
KEYWORDS: avdiivkakadabra; ciapropaganda; dailypropaganda; dailysorospropaganda; diccusminimus; dopamineaddict; eggszactly; eggwillgesture; globalistpropaganda; globohomo; gluteusmaximus; howsavdiivkadoing; killkillkillforpeace; lesspropagandaplease; marcgetshistrollback; newtrollformarcus; russia; taxes; theputin; therussia; unhealthyobsession; whocares; yuhengzhan; zeepercreepers; zeepermaximus
Navigation: use the links below to view more comments.
first 1-2021-37 next last
$11k a year is a “high earner” in Russia? LOL!
1 posted on 03/15/2024 7:17:44 AM PDT by marcusmaximus
[ Post Reply | Private Reply | View Replies]

To: Allegra; AndyJackson; ANKE69; bimboeruption; dforest; doorgunner69; fireman15; grey_whiskers; ...
Multiplezeepers-2

ZEEPER FOLLIES PINGLIST!
(((PING!)))

2 posted on 03/15/2024 7:19:45 AM PDT by aMorePerfectUnion
[ Post Reply | Private Reply | To 1 | View Replies]

To: aMorePerfectUnion

$11k = “high earner” in Russia! Winning!


3 posted on 03/15/2024 7:20:50 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 2 | View Replies]

To: marcusmaximus

Joe Biden will raise taxes after the presidential election this November to keep the kickback money flowing to pay for the the country’s proxy war in Ukraine.


4 posted on 03/15/2024 7:22:10 AM PDT by packagingguy
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

Bulls1t inside…. Russia is raising taxes… what about it Bidum? It’s happening here and crickets from our press


5 posted on 03/15/2024 7:23:16 AM PDT by WomBom ("I read Free Republic for the pictures)
[ Post Reply | Private Reply | To 1 | View Replies]

To: packagingguy

Biden is toast. He won’t win in November.


6 posted on 03/15/2024 7:23:22 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 4 | View Replies]

To: WomBom

President Trump will cut taxes next year.


7 posted on 03/15/2024 7:24:35 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 5 | View Replies]

To: aMorePerfectUnion

$11k! Living large!


8 posted on 03/15/2024 7:25:26 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 2 | View Replies]

To: marcusmaximus

Taxes are lower in Russia than United States even after the proposed increase! Who knew!


9 posted on 03/15/2024 7:25:54 AM PDT by Bobbyvotes (I will be voting for Trump/whoever in November. If he loses in 2024, country is finished.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bobbyvotes

What is the USA income tax rate on someone making $11k a year?


10 posted on 03/15/2024 7:27:28 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 9 | View Replies]

To: marcusmaximus

Trump will end 1040 income taxes

Taxes are theft


11 posted on 03/15/2024 7:28:28 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: marcusmaximus

Who’s going to pay for the borrowed US $250 Billion (after $61 Billion more for Uke corruption) that you have been cheering so loudly for as it has been pi$$ed away? That’s right, our children. And who will pay for the tens of billions of interest blown away as we service this additional debt, yep, our kids again. Principle and interest already a third of a trillion on our kids tab and you’re crowing about the Russians paying as they go, the Russian national debt is under $300 billion. Ours $35 Trillion and increasing a trillion every three months. Yeah, let’s all laugh at those stupid Russians!


12 posted on 03/15/2024 7:30:51 AM PDT by hardspunned (Former DC GOP globalist stooge)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hardspunned

$11k a year! Living stronk!


13 posted on 03/15/2024 7:32:02 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 12 | View Replies]

To: marcusmaximus

Laugh away- but who is better off? I had many discussions with the Ivan’s I trained while in Moscow.

US citizen: House mortgaged for 30 years, two car payments for four years, boat payments for five years, huge health insurance payments, massive Credit card debt, Federal, State, Local taxes…… OR……

Russian citizen: Apartment/ home paid for, car paid for, a nice Dacha in the country paid for, free / low cost medical plans with doctors that still do house calls, extremely low food costs, a flat 15 percent tax which the employer deducts, government pension paid out after 20-25 years of work…….

To each his own, but every Ivan I knew were debt free.


14 posted on 03/15/2024 7:35:55 AM PDT by delta7
[ Post Reply | Private Reply | To 3 | View Replies]

To: delta7

Mother Russia stronk as bull!


15 posted on 03/15/2024 7:38:45 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 14 | View Replies]

To: delta7

33% tax increase stronk as bull!

Under the plan, the government would raise personal income tax from 15% to 20% for those earning over 5 million rubles (roughly $55k USD)


16 posted on 03/15/2024 7:43:33 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 14 | View Replies]

To: marcusmaximus

By 2025, Russia will be reaching the point of financial exhaustion due to the direct and indirect costs of the Ukraine War.


17 posted on 03/15/2024 7:49:27 AM PDT by Rockingham (`)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

The U.S. national debt is rising by $1 trillion about every 100 days and zeepers want us to keep funding Joe & Volod’s Laundromat.

Either zeepers are anti-America or they’re the stupidest people on FR. Even worse than the vaxers.


18 posted on 03/15/2024 7:52:27 AM PDT by bimboeruption (“Less propaganda would be appreciated.” JimRob 12-2-2023)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

$0


19 posted on 03/15/2024 7:57:35 AM PDT by sauropod (Ne supra crepidam.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: bimboeruption

Continuing to demilitarize Russia with less than 5% of our defense budget is the bargain of the century.


20 posted on 03/15/2024 7:58:43 AM PDT by marcusmaximus
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-37 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson