Boris Chernyshov, deputy head of the State Duma of the Liberal Democratic Party and candidate for mayor of Moscow, sent a letter to the head of the Federal Tax Service, Daniil Yegorov, proposing to increase the rate of personal income tax “mainly” to 20%. wealthy Muscovites.” He reported this in his news telegraph channel.
The deputy recalled that in Russia there is a progressive scale of taxation for citizens who have earned more than 5 million rubles a year for more than a year. Their income is subject to personal income tax of 15% instead of 13%.
“It’s time to raise the tax rate for rich people to improve social justice,” Chernyshov wrote.
According to him, Russians who earn 25 million rubles a year or more than 2 million per month must pay personal income tax at the rate of 20%.
“It would be cunning not to admit that the new rates will mainly affect the wealthy residents of Moscow,” says the deputy.
In his opinion, additional revenues to the budget should not be “washed out” with different items of expenditure. The MP proposed to allocate 2% to help seriously ill children through the “Circle of Goodness” fund and 3% to finance the development of the surrounding areas of municipalities.
“One of the symbols of the idle and luxurious life of the capital is the Patriarch’s Ponds region. important to us,” Chernyshov wrote.
He listed the metropolitan areas of Butovo, Pechatniki, Tekstilshchiki, Golyanovo, Biryulyovo, Kapotnya and New Moscow, saying, among other things, that infrastructure and landscaping should be financed by a “wealth tax”.
Fix social injustice
Russian Institute of Strategic Studies Specialist, Candidate of Economic Sciences Mikhail Belyaev in an interview with socialbites.ca registeredThe debate on changing the personal income tax rate has been going on for a long time.
“There is a pretty serious gap between the low-income and the high-income,” Belyaev said. In his opinion, taxes are not only designed to replenish the budget, but also have a social function – they smooth out social disproportion.
“People don’t react very calmly to the fact that someone earns more than they do. [поэтому] The expert said that an increase in the personal income tax rate can be perceived as an increase in fairness.
He also noted that in the face of sanctions and military operations, the Russian budget “just needed” additional revenue.
“Our budget needs additional revenues, because the short-term or near-short supply sources have been depleted to some extent,” Belyaev said.
He pointed to “strong opposition” to increasing the income tax. Opponents of the measure say it undermines business activity. He said that if the tax rate is raised, the second part of the reform is to ensure that people do not avoid taxes.
“These should be economic sanctions so that it is more profitable to pay the tax instead of paying the sanctions afterwards. If there is no second part, we can assume that all this is just another empty, non-working enterprise, ”Belyaev concluded.
not the first offer
In May, deputies of the Communist Party of the Russian Federation headed by Gennady Zyuganov appealed to the State Duma. invoice to increase the personal income tax rate to 30% for incomes above 10 million rubles per year.
In a note attached to the document, the authors stated that thanks to the reform, the budget will receive an additional 650 billion rubles per year. They also recalled cases where the state helped companies recover from crises.
“Now, as the country is going through hard times, the main consumers of the budget and those who are ruining the country do not consider it their duty to save the branch they have been parasitic for all these years,” the lawmakers said.
In an official document from wealthy Russians and businessmen, the communists expressed the view that those who “robbed the country for 30 years” themselves “will not return the loot.”
The government expressed a negative opinion on the bill, stating that the innovation could lead to overshadowing wages and lower tax revenues. Experts see risks in the communist proposal, including an increase in tax evasion.
I’m afraid this is pure populism. Moreover, the income level of 10 million rubles, in my opinion, is still extremely low to establish such a high personal income tax. And most importantly, if such a tax is introduced, people will simply go to the “black” accounting department, “he said. “Kommersant” Eduard Savulyak, director of the Moscow office of Tax Global Consulting.
business surplus income tax
On June 28, the State Duma adopted at first reading a bill on the withdrawal of at least 300 billion rubles from 2,500 large Russian companies into the treasury in the form of a one-off tax on their previous excess profits.
The innovation consists of two legislations. The first introduces an amendment to the Tax Code where Federal laws can create one-time taxes, and the second regulates the tax itself.
According to the project, companies with an average pre-tax profit of more than 1 billion rubles for 2021-2022 will pay. Companies established after 2020, small and medium-sized enterprises, taxpayers of uniform agricultural tax are exempt from tax. Oil and gas and coal companies will be exempt from excess profits tax this year as they are granted additional tax exemptions.
Deputy Finance Minister Aleksey Sazanov in an interview DEA News He did not rule out the possibility of future taxes on excess profits if “a situation hypothetically arises when there are such excess revenues and the need to finance a large deficit”.