Lavrov says astonished to watch mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
Communist propaganda ban not aiming to dismantle Soviet WWII memorials, vows Polish envoyWorld July 24, 18:16
Situation with Siemens won’t affect Russian companies — energy ministerBusiness & Economy July 24, 18:11
Russian energy minister says oil prices may grow in 2017Business & Economy July 24, 17:31
Putin fills in Normandy Four on Russia’s approaches to key Minsk accord provisionsRussian Politics & Diplomacy July 24, 16:57
Normandy Four leaders call for ceasefire in DonbassWorld July 24, 16:29
NOVO OGAREVO, November 7 (Itar-Tass) - President Vladimir Putin said a flat income tax for individuals should remain in effect in Russia in the foreseeable future but did not rule a transition to a graded tax scale in the future.
“We should handle this very carefully,” Putin said at a meeting with the heads of constitution and law departments of Russian universities on Thursday, November 7. “Certainly, this looks like a fairer form of taxation when a person with a bigger income and bigger property pays more. But it’s a more challenging task in terms of administration.”
He recalled how the decision to introduce the flat income tax had been adopted. “When we moved on to the flat tax, a quite low one, actually, amid concerns - I made the decision myself and I remember I was somewhat worried by fears about an inevitable dramatic drop in tax revenues, which in fact increased many times, much to the surprise of those who had insisted on the use of this tax,” the president said.
At the same time, he believes that “one day we will have to think about moving on to a graded tax,” but “this should be done carefully.”
He noted that Russia had already introduced a graded tax scale for expensive cars and luxury real estate. “We will think about this but we will act carefully,” he added.