The increase in the personal income tax rate to 15% will lead to the fact that businesses will be forced to raise prices on goods and services. But buyers will again blame the business, not the government. This opinion with the correspondent of “Rosbalt” said the Professor at the European University in St. Petersburg Dmitry Travin.
“Long before the elections were expected, and taxes, and the retirement age in Russia will increase to plug the resulting hole. It seems that this started. This step is currently unnecessary blow, and so weak the Russian economy. But authorities only care about maintaining stability, and future development of do not think. Of course, people will not run out of Russia due to the fact that the tax will increase to 15%. Someone will fall slightly income, and somewhere people won’t see loss, as their employer will be forced to slightly raise the salary to compensate for the resulting difference. But such a move would affect consumer prices. And when prices rise, people will blame not the government, and the greed of the manufacturers or store owners,” — said the expert.
According to Travin, the price increase simultaneously with the decrease of solvency of the population will lead to the fact that some part of the business will not survive and will go bankrupt.
As reported the press Secretary of the President Dmitry Peskov, the issue of increasing the scale of the tax to incomes of physical persons (personal income tax) is discussed in the Russian government.
Previously, the newspaper “Vedomosti” with reference to sources reported that the Russian government is discussing raising the personal income tax rate to 15%, with the introduction of nontaxable minimum.