The authorities are raising taxes for the population and businesses. How much will Russians pay for “social justice” — and why won’t it happen anyway?
And won't the collected trillions be spent on war? On the night of May 29, the Ministry of Finance announced details of the tax reform, which Vladimir Putin had announced in his address to the Federal Assembly in February. Russian authorities call these measures "improvement of the tax system," but in fact, this is an increase in taxes for individuals and businesses. From 2025, personal income tax rates for people with high incomes and profit tax rates for businesses will increase.