- Russia raises VAT from 20% to 22% to fund war efforts.
- The tax increase indicates economic strain and prioritizes military spending over growth.
- Consumers will face higher costs as the tax impacts everyday goods and services.
- The move reflects a shift in Kremlin strategy, focusing on sustaining long-term conflict.
Source: brianiselin67.medium.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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