PREDIZBORNE TRANSPARENTNE LAŽI

TRANSPARENT Ahead of the referendum on his mandate, Vladimir Putin increased taxes on the rich The rich will pay 15 percent on an annual income above five million rubles ($ 72,833), and the money will go to help sick children. Author: HinaPosted: June 23, 2020 10:28 pm Vladimir Putin Vladimir Putin Alexey Nikolsky / AFP Facebook Twitter Messenger E-mail RELATED NEWS 8051437 LATEST DATA Fiscalization: Last week 19 percent less bills than last year, an amount less 15 percent DEMONSTRATION OF POWER The military parade is stronger than the crown: Putin is showing unprecedented weapons on Red Square Russian President Vladimir Putin on Tuesday, ahead of a Russian vote on reforms that could keep him in power until 2036, increased taxes on wealthy Russians and offered new state aid to families with children. Addressing the nation on television, Putin, 67, said Russia's response to the coronavirus crisis had saved tens of thousands of lives and ordered the expansion of several measures to mitigate the economic consequences of the health crisis. Giving up a single, proportional, income-free tax rate of 13 percent, introduced nearly two decades ago, Putin said the rich would now pay 15 percent on annual income above five million rubles ($ 72,833) and that additional tax revenue would go to help sick children. The move, which will take place from January, is likely to resonate well with voters frustrated by falling incomes. Many of them do not like the class of rich business people that rose after the collapse of the USSR. Putin addressed the nation ahead of a seven-day general vote beginning Thursday on which Russians should accept or reject a series of constitutional reforms, including one that would allow Putin to remain at the helm for two more terms instead of stepping down in 2024. Putin has promised to expand the program to help families with mortgages and provide a one-time aid of 10,000 rubles for each child up to 16 years of age they have. These measures will help mitigate the effects of the crisis, he said. Russia is the third in the world in the number of cases of covid-19 infection. It has now largely lifted pandemic measures but expects the economy to fall by six per cent this year due to the crisis. Putin also proposed reducing taxes for IT companies from 20 to 3 percent. Although no further details were given, thanks to that proposal, the value of the shares of the Russian internet giant increased by more than three percent.