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Posted (edited)
6 hours ago, atomheartbevo said:

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5 hours ago, Parliament said:

Even by Russian standards, that may not be sustainable.

Putin Signs Law Raising Russia’s Value-Added Tax to 22%

"President Vladimir Putin on Friday signed a major tax overhaul that will raise Russia’s value-added tax to 22% from 20% next year, a move aimed at closing the fiscal gap created by soaring military expenditures and falling oil and gas revenues amid Western sanctions.

More small businesses will also be swept into the tax system under additional changes. The annual revenue threshold for companies required to pay VAT will drop from 60 million rubles ($732,000) to 10 million rubles ($122,000).

Businesses have indicated in surveys that they plan to pass the tax hike directly onto consumers, who have already been strained in recent years by surging inflation linked to war spending.

Economists, including those at the Financial Ministry, have said they anticipate a modest rise in inflation as the VAT hike takes effect starting next year.

VAT is one of the government’s most important revenue sources, generating 11.5 trillion rubles ($148 billion) from January through October, or more than 38% of total federal revenue.

Under the changes, select food products, medicines and children’s goods will continue to be taxed at a reduced 10% rate. But certain milk-based products made with milk-fat substitutes, such as processed cheeses and spreads, will now be taxed at the full 22% rate.

Russia last raised VAT in 2019, when it increased the rate to 20% from 18%."

I have no understanding of Russia economics and their income and taxes, but dropping the threshold for taxing small business' from $732,000 to $122,000 seems like that puts a lot of mom & pop type business under an onerous burden, much worse than whey have seen the past 3 years.  Selling gold reserves and crippling small business' already struggling while cutting basic services to the general populace does not seem like a recipe for success. 

I have seen a lot of stories that virtually every sector of the Russian economy has been affected to the point that workers are not getting paid, are being furloughed and have no reason to work because of non-existent supply chains.  There were rumors that unpaid shipbuilding workers may have sabotaged a new ice breaker/tug boat in St. Petersburg that was critical for moving large ships through the frozen water of the Baltic.

The Russian economy ...

 

 

Edited by PTINS
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Posted

Like seriously

1. Russia is on the verge of bankruptcy

2. Arms production and procurement is a decade long buildup before you fire a shot, not something you try 4 years into a war you are no longer capable of winning.

3. Fuckers think the Nazis had a sensible economic approach and offer a path out of this tailspin. 
 

My feelings are that Ukraine is going to get every bit of financial assistance and every piece of hardware the could ever want after the 120th congress is sworn in January 2027. That's if Russia hasn't collapsed by then.

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Posted

I am waiting for the day when NATO gets tired of dealing with our country's fkd up politics and decides to kick our sorry ass as well as Russia's.  It is getting closer by the minute.

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Posted (edited)
2 hours ago, AnTiM said:

I am waiting for the day when NATO gets tired of dealing with our country's fkd up politics and decides to kick our sorry ass as well as Russia's.  It is getting closer by the minute.

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First off, absolutely the Europeans want to shoot tfg on a rocket into the sun.  But the practical realities are that Europe can see a long game in a way that, as clearly evidenced by the last election, Americans cannot.  They know that this too shall pass.  They just have to bear it for a while.   They further know that there is no way they could invade the US.  Not even with Canada and Mexico's help.  It would take something on the level of Hitler's invasion of Russia, except the first step would be moving all those troops/ships/planes across the Atlantic without the US doing anything.  Logistically, are you kidding?  No way.  In short, no one with a brain is coming to save us from ourselves.  It's a nice daydream though.  

 

Edited by Chad Fuck
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Posted
2 minutes ago, Chad Fuck said:

giphy.gif

First off, absolutely the Europeans want to shoot tfg on a rocket into the sun.  But the practical realities are that Europe can see a long game in a way that, as clearly evidenced by the last election, Americans cannot.  They know that this too shall pass.  They just have to bear it for a while.   They further know that there is no way they could invade the US.  Not even with Canada and Mexico's help.  It would take something on the level of Hitler's invasion of Russia, except the first step would be moving all those troops/ships/planes across the Atlantic without the US doing anything.  Logistically, are you kidding?  No way.  In short, no one with a brain is coming to save us from ourselves.  It's a nice daydream though.  

 

Talked to the boy last night (international relations major, senior year). His senior capstone is going to be on the past decade of shifting American engagement with NATO, and the cascading effects of same (increased european engagement, emboldened Russia, etc.).  I'll be curious to read what he ends up with.  I'm sure it will be rather depressing in the near term, but maybe some glimmers of hope in there.

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Posted
41 minutes ago, Brisketexan said:

Talked to the boy last night (international relations major, senior year). His senior capstone is going to be on the past decade of shifting American engagement with NATO, and the cascading effects of same (increased european engagement, emboldened Russia, etc.).  I'll be curious to read what he ends up with.  I'm sure it will be rather depressing in the near term, but maybe some glimmers of hope in there.

Good old Vlad!

Under his leadership, Sweden went from a neutral country to a NATO partner near his border that is currently seeking missiles with enough distance to fuck up Moscow. 

The biggest Russian haters have to admit that this was impressive and very hard to do.

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Posted

 

Quote

Both the Ukrainians and the Russians will hate this plan. For Ukraine, the plan bans NATO membership, cuts the military in half, establishes weapons restrictions, and cedes key regions like Crimea, Donetsk, and Luhansk. For Russia, the plan accepts Ukrainian independence, freezes military ambitions in Europe, affirms the post-Cold War security order, and directs frozen assets towards Ukraine and the US.

 

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