Vedomosti learned about the proposal to Putin to abandon the tax reform
Vedomosti learned about the proposal to Putin to abandon the tax reform The government believes that changes in taxation can result in problems for the economy. According to the newspaper “Vedomosti”, citing a government report to the President, the Cabinet discussed the proposal of Vladimir Putin to define the contours of tax reform and prepare the adoption of relevant laws. During the discussion the Ministry of Finance proposed tax maneuver throughout the economy, reducing insurance premiums in exchange for the VAT rise. Theoretically, this could lead to an increase in revenues of almost 450 billion. However, as said the publication of one of the officials, the reform has so far decided not to run because it “entails too many problems.” In particular could hurt the poorest of the poor as falling incomes, prices would have to lay the VAT increase. As explained by officials, because of the unknown composition of