Russia's slowing wartime economy pushes the Kremlin to tap consumers for revenue
1:35
YahooAssociated Press Videos
Russia's slowing wartime economy pushes the Kremlin to tap consumers for revenue
The Kremlin needs money to keep its finances steady - and it’s clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses. An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget.
7.4K views2 months ago
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