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The State Duma supported a record increase in spending on the military, increasing taxes and reducing spending on medical care and pensions The State Duma, in a plenary session on Thursday, October 29, adopted in first reading the law on the federal budget for the years 2027-2029, which includes a further increase in taxes for citizens and businesses, an increase in military spending to a new record since the days of the Soviet Union, and disruption of funding for items Central citizens. According to the document, which was voted in favor by 372 deputies (with 51 abstentions and no votes against), next year the government will spend every third ruble in the treasury (35%) on the purchase of the army and weapons. The "national defense" section will increase by 32 - from 12.9 trillion rubles this year to 17.1 next year. Expenditures under the heading "National Security" will increase by 7.6%, to 4.6 trillion rubles, which include the budgets of the Ministry of the Interior, the National Guard, the Investigative Committee, the special services and the FSIN system. Together, the security forces will "eat" 44% of the budget, or 21.3 trillion rubles. The expenditure on supporting the national economy will decrease by 3%, to 4.62 trillion rubles; for the housing and community services system - by 8%, to 1.83 trillion rubles; for health services - by 3%, to 1.81 trillion rubles; For social support of the population, including a transfer to the Social Fund of the Russian Federation for pension payments - by 6%, to 6.65 trillion rubles. To pad its record military budget, the government will introduce a "width tax" on cement, fertilizer and gold mining companies starting next year; Increases the maximum personal income tax rate on "passive income" of individuals, including bank deposits, to 22%, and also sets a 22% VAT on purchases in foreign online stores. According to the Ministry of Finance, next year these tax innovations will bring 1.5 trillion rubles to the budget, and in 2028-29. - another 2.2 trillion. More details.

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The Moscow Times | Independent news from Russia since 1992 · · Source

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The State Duma supported a record increase in spending on the military, increasing taxes and reducing spending on medical care and pensions The State Duma, in a plenary session on Thursday, October 29, adopted in first reading the law on the federal budget for the years 2027-2029, which includes a further increase in taxes for citizens and businesses, an increase in military spending to a new record since the days of the Soviet Union, and disruption of funding for items Central citizens. According to the document, which was voted in favor by 372 deputies (with 51 abstentions and no votes against), next year the government will spend every third ruble in the treasury (35%) on the purchase of the army and weapons. The "national defense" section will increase by 32 - from 12.9 trillion rubles this year to 17.1 next year. Expenditures under the heading "National Security" will increase by 7.6%, to 4.6 trillion rubles, which include the budgets of the Ministry of the Interior, the National Guard, the Investigative Committee, the special services and the FSIN system. Together, the security forces will "eat" 44% of the budget, or 21.3 trillion rubles. The expenditure on supporting the national economy will decrease by 3%, to 4.62 trillion rubles; for the housing and community services system - by 8%, to 1.83 trillion rubles; for health services - by 3%, to 1.81 trillion rubles; For social support of the population, including a transfer to the Social Fund of the Russian Federation for pension payments - by 6%, to 6.65 trillion rubles. To pad its record military budget, the government will introduce a "width tax" on cement, fertilizer and gold mining companies starting next year; Increases the maximum personal income tax rate on "passive income" of individuals, including bank deposits, to 22%, and also sets a 22% VAT on purchases in foreign online stores. According to the Ministry of Finance, next year these tax innovations will bring 1.5 trillion rubles to the budget, and in 2028-29. - another 2.2 trillion. More details.

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