Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Vicious Tax Cycle

A real situation developing in the national economy has forced people to take up the pen. ...


Tens of millions of Russians have found themselves on the brink of poverty. Pensions, maternal support, salaries to the military, doctors and teachers are not being paid. Strikes by coal miners and energy workers, disruptions of heat and light in private homes. ...


What is going on? Why? ...


There is nothing else to say: Taxes have to be paid. But to start, perhaps one must admit that practically all ... industry is bordering on bankruptcy as a result of the government's cash-credit policy ? ...


For the past two or three years, a suicidal money-credit policy has been implemented by the government, which, instead of the declared reconstruction, is bringing the industrial infrastructure to complete collapse. What will the finance minister say if there are absolutely no tax revenues because inoperative enterprises refuse to pay anything?