‼️ Putin raises taxes on Russians and businesses to finance war against Ukraine, — AP
By August, the Russian budget deficit had reached 5.8 trillion rubles ($72 billion) — almost 50% more than last year. The economy is being weakened by sanctions, expensive loans, a shortage of workers and Ukrainian attacks on oil infrastructure.
The Kremlin plans to introduce a 20–30% tax on excess profits of mining companies, raise taxes on investment income and property sales to 22%, and introduce additional fees on foreign goods in online stores.