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The country is tightening its belt. on the neck of the taxpayers.

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Кремлёвский безБашенник · · Source

🇷🇺 Russia · מוסקבה · Map

The country is tightening its belt. on the neck of the taxpayers.

A dangerous turn is taking place in the Russian economy. There is less oil money, and the state increasingly fills the budget with taxes from businesses and consumers. VAT alone already provides nearly half of federal revenue. And from January, his rate will increase from 20 to 22%.

What does this mean for us? We will have to pay more, even if we earn the same. Businesses will try to pass on increased taxes to buyers. The goods and services will become more expensive, and the salaries and pensions do not have to meet the prices.

But it's not that bad. High lending rates and rising costs are already putting pressure on businesses. The story of the Tarasa gas station chain near Moscow, which was on the verge of collapse, shows how painful the combination of debt, expensive financing and revenue problems can be.

For the citizens, it is a risk not only of new price tags, but also of job cuts, wage freezes and the disappearance of well-known companies.

Meanwhile, the government promises a new investment cycle. But so far the main question remains unanswered: who will invest if money becomes more expensive and earning money becomes more and more difficult?

And the worst thing here is not even the next price increase. And the risk is to end up in an economy where life is getting more expensive all the time, wages are stagnant, and it's harder and harder to find a job.

what next Writing especially for the towerless man of the Kremlin:

The budget switched from oil leases to a turnover tax, and a "new investment cycle" was announced precisely because the treasury did not have the money for it.

Ten-month account according to the Ministry of Finance: revenues 33.176 trillion, oil and gas 6.442 trillion, minus 14.1%. Without oil and gas 26.734 trillion, plus 19.1%. The VAT alone generated 14.701 trillion, which is 44% of the treasury and more than twice the oil industry. The rate from January 1 is 22% instead of 20%, the simple threshold was reduced: plus 27.8%. The deficit is 5.234 trillion, expected 7.345 per year, no more than 1 trillion is allowed to borrow in the market. The whole planning is based on the fact that the cycle will not slow down.

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