EconomyRaising taxes on passive income could bring Russia’s budget up to 700 billion rubles a year, economist says
Economist Dmitry Polevoy estimates that extending Russia’s progressive personal income tax to deposits, dividends, investments, and property sales could raise an extra 500–700 billion rubles annually. Rates would rise from the current 13–15% to a 13–22% scale, affecting about four million people. Polevoy says the measure may have a weaker anti-inflation effect and could even be mildly inflationary.
MMeduza★★★☆☆2026-09-25 12:16Original
Raising taxes on passive income could bring Russia’s budget up to 700 billion rubles a year, economist says