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post #4 of (permalink) Old 01-05-2013, 10:12 AM
country flag Minotaur
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Join Date: Jan 2006
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Re: Putin: luxury tax should be introduced in Russia in 2013

Well, Putin is a populist. So here is another populistic idea.

Questions arise:

1. What is exactly excessive / conspiciuous consumption?

2. What will be the consequences of approval of the law? My country is known for capital leaking abroad (normaly to offshore states) and amount of leak is pretty huge. Will a potential approval of the law lead to more leaks and therefore actual decrease of taxes? Not to mention that most of the property of Russian billioners is not in Russia...
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