Russian oligarchs hit with a one-off tax as Moscow becomes ‘cash strapped’

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The Kremlin has proposed a one-off tax on its largest businesses to boost its finances as Russia becomes “cash strapped” as a result of the Ukraine war and being hit by sanctions, according to Sky News Business Editor Ross Greenwood.

“Here’s the crazy thing though, Russia’s first Deputy Prime Minister Andrey Belousov told the BRC newspaper that the idea for this new tax came from the Oligarchs themselves and not the Kremlin,” Mr Greenwood said.

“This must be a world first – big business happily volunteering to pay more tax.

“Only in Vladimir Putin’s Russia.”
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The Oligarchs volunteer to pay more taxes to avoid falling out of a window!

planetmikusha
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I'm sure the Russian oligarchs are simply thrilled with this.

sarahrose
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Now let’s do the same for the West, BlackRock, Vanguard etc

IANREA
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Putler should just take the L at this point

SamPashmi
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I'd say they were "volunteered" to volunteer to pay the tax.

Akenfelds
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They could just print money like the US does 🤣

Winston-
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I'll bet they volunteered, once they discovered the alternative was to be found dangling from their shower rose by a nightgown cord.

innocentbystander
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That's because they don't wanna talk about it over a cup of tea🤣

HarrisSultanAtheist
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How is Russia cash strap their economy is booming, get your facts right Ross

bringbacktheoldnormal
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Tax Costs vs Assassination Costs, they are doing the sums now.

gregiles
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MOSCOW ISNT CASH STRAPPED. "Moscow" has been preparing for this showdown for 70 plus years. They didn't forget to put some cash in the coffers.

kiandrah
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Will the proceeds of this tax go to the Russian people? No! It will go towards Putin's pointless war in ukraine 🙄

patriot
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Maybe the UK government could learn from this..

techtinkerin
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When a megalomaniac gets bored....knocking them off one at a time worked and stealing their funds was so satisfying, ...now lets go for the big one. can always do it again

beb
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Desperate times call for desperate measures! What will the Russian dictators do when that money runs out?

benjaminthame
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The Russian economy is booming. Try again.

adambrown
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The if "I fall you fall", so pay up...NOW

AnchorsAweighNarooma
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the oligarchs will seek offsets from other sources so that they don't feel the %10

aaranjackson
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That's like Victoria under Daniel Andrews- except Daniel Andrews taxed home rent for low income earners and school fees by 10%

Conky
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Albanese's disarmament of the Australian Military and is allowing the NAZI crosses on our bushmasters....why?

shellyaus