The Kremlin needs money to keep its finances steady - and its clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses. An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget.
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The Kremlin needs money to keep its finances steady - and its clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses. An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget. Subscribe: http://smarturl.it/AssociatedPress Read more: https://apnews.com This video may be available for archive licensing via https://newsroom.ap.org/home