The Russian government is planning to increase income taxes for the first time in 20 years to fund its ongoing war in Ukraine. President Vladimir Putin is considering a significant tax reform, which includes raising taxes on businesses and the wealthy. This comes as the war continues to strain the Kremlin's finances, forcing the government to find new ways to finance its military operations. Most Russians have been paying just 13% in taxes for nearly a quarter of a century.
Russia weighs up its biggest tax shake-up in almost 25 years to finance Ukraine war https://t.co/OF1Dv7ZkVF
Russia plans to raise taxes on businesses and the wealthy as its invasion of Ukraine puts pressure on government finances https://t.co/l45bCUHNRK
As the war in Ukraine continues to drain the Kremlin's coffers, the government is scrambling to find new ways to finance it. After nearly a quarter of a century with most Russians paying just 13% in taxes, Putin is eyeing the biggest tax shake-up. https://t.co/OF1Dv7ZkVF
As the war in Ukraine continues to drain the Kremlin's coffers, the government is scrambling to find new ways to finance it. Now, after nearly a quarter of a century with most Russians paying just 13% in taxes, Putin is eyeing the biggest tax shake-up. https://t.co/GidapoOJvf https://t.co/aj5yYSgMJ5
💰Putin set to increase taxes to pay for war in Ukraine https://t.co/6fLeNjHi9l
President Putin wants to hike Russia's income tax rate for the first time in 20 years, in order to fund the war in Ukraine. Sky's @IvorBennett reports from Moscow. https://t.co/Fkx1tLIkm0 https://t.co/VxzVZ9sLmL
This morning, while the impoverished Russian masses patiently wait their turn to die in one of Putin's foreign atrocity campaigns, the Russian government just sent around $500,000,000 in missiles across the entirety of Ukraine. https://t.co/oF53YkWxI7 https://t.co/VzDJZxyskX