Putin considered it a luxury tax is destructive


Photo: RIA Novosti

The President of Russia Vladimir Putin during his televised address to the nation reacted negatively to the prospect of the introduction of a progressive income tax for additional funding for pensions. The statement of the head of state published on the Kremlin website.

According to him, the government had carefully studied the possibility of applying this and other measures. “It turned out that, in fact, nothing drastic they do not solve. In the best case just patch holes. Or worse, carry devastating consequences for the economy as a whole”, — said the President.

Putin gave an example, according to which 20% tax rate on high incomes can provide about 75-120 billion rubles a year. “These funds, in the best case, will last for six days. Because daily, I want to emphasize this, the daily requirement for the payment of pensions in Russia amounts to 20 billion rubles,” — he added.

In addition, the head of state was considered ineffective such measures support the pension system as part of the sale of state property, additional taxation of petroleum and energy, as well as more active use of reserve funds.

In his address to the Russians, Putin announced the easing of the government’s proposed pension reform. Under the President’s age of retirement for women will be raised not to 63, to 60 years. For men it is expected to remain at 65 years, as was intended in the Cabinet. In addition, the President promised to keep some perks and choose new ones.

Video, photo All from Russia.


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