TV: Islamic State re-enters ancient city of PalmyraWorld December 10, 21:20
Saudi minister says Russia led consultations process with OPECBusiness & Economy December 10, 20:41
UK foreign secretary says protection of civilians should be 'top priority' in SyriaWorld December 10, 20:31
Non-OPEC states join historic oil cut dealBusiness & Economy December 10, 20:23
Russian diplomat urges Western reporters to be unbiased in war news coverageRussian Politics & Diplomacy December 10, 20:08
Russia, Oman enter committee for control over oil production — Iraqi oil ministerBusiness & Economy December 10, 20:07
Iran's oil minister says non-OPEC countries agree to cut oil production by 600,000 barrelsBusiness & Economy December 10, 19:42
Russia, Oman enter committee on controlling oil production created by OPEC - BloombergBusiness & Economy December 10, 17:40
Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
MOSCOW, December 12 (Itar-Tass) – Russian President Vladimir Putin proposes to introduce a flat tax scale for the incomes of individuals and a sumptuary tax.
He said it Wednesday in a State-of-the-Nation address to both houses of Russian parliament.
Putin believes there is no reason for dropping the flat scale of the tax on individual incomes of physical persons /TIPI/, as the progressive taxation of individuals “won’t assure social justice.”
Progressive taxation scale “will put a new burden on the people with medium-sized revenues” and “will stimulate tax evasion and will produce a shortfall of taxes.”
“It’s important to act very cautiously in this sphere,” Putin said.
On the face of it, he spoke in favor of introducing a sumptuary tax, “including elitist real estate and luxury cars.