Support The Moscow Times!

Putin Cautious on Excises

President Vladimir Putin supports the idea of replacing the transportation tax with fuel excises in the future, Interfax reported.

"The issue is very important and very sensitive, and on the whole we need to strive toward putting it all into excises. And to gradually get away from the transport tax," Putin said at a meeting with parliamentary faction leaders. "We are still not ready,"

"Indeed, we said we would do this," Putin added. "But at the urging of regional governors, we left it because this tax goes to their budgets. They were worried that we would cut off their revenues."

Putin also expressed caution concerning a planned increase in alcohol excise taxes.

"An increase [in excise taxes] is necessary, but it shouldn't be sudden," he said, adding that he doesn't see alcohol excise tax revenues as a solution to filling budget deficits.

 (MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more