Russia has lost so much money due to the Ukraine war that it's now trying to raise $4 billion by slapping a windfall tax on its oligarchs
www.businessinsider.com
The proposed law will require Russian companies that made profits of over 1 billion rubles each year since 2021 to pay a one-off 10% tax.
  • gnuhaut@lemmy.mlEnglish
    1·
    1 year ago

    They should do this here. Not for war obviously, we could buy some trains or something. Instead we get no windfall tax and a military spending extravaganza. And soon, we’ll get cuts to services I’m sure.

  • •••@lemmy.mlEnglish
    1·
    1 year ago

    A dictator ultimately has to answer to someone. If he’s losing support from the rich, I wonder what would happen next.