Putin eyes first tax hike in a decade to fund war
Putin’s consideration of implementing the first significant tax increase in over a decade to fund the ongoing war in Ukraine is alarming and speaks volumes about the priorities of the Russian government. As a Russian citizen, I can’t help but feel a sense of betrayal by a leader who is willing to burden us with higher taxes to fuel a conflict that many of us did not ask for. It is disheartening to see our hard-earned money being funneled into a war that only serves Putin’s interests, while ordinary citizens bear the brunt of the financial strain.
The fact that Putin is eyeing tax hikes on corporate profits and high-earning individuals to fund the war is a clear indication of the economic impact that the conflict in Ukraine is having on the country.… Continue reading