Associated Press
@associatedpress·4.7M subscribers·203.6K videos
Russia to raise taxes as its wartime economy slows
Posted
November 16, 2025
Views
1,860
Likes
53
Comments
8
Engagement
3.28%
November 16, 2025
1,860
53
8
3.28%
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1:36Now PlayingThe 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.
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