Date: 6 months ago   Category: Economy

Putin has considered inefficient measures about introduction of a value-added tax and tax on revenues of energy industry — Rambler News Service


The President of Russia Vladimir Putin has said that alternative measures for the solution of a pension question, including introduction of a value-added tax and surtaxes on income of fuel and energy complex "cardinally don't solve anything". He has told about it during a televised address to citizens of the country. "On my assignment the Government up to the last time carried out this work. All possible alternative scenarios have been carefully studied and counted. It has turned out that, in fact, nothing is cardinal they don't solve. At best just patch holes. Or it is worse than that, bear destructive consequences for national economy in general" — Putin has said. According to the president, introduction of an ascending scale of income tax will bring about 75-120 billion rubles in the budget. Such sum will be enough for six-day payment of pensions as daily on these purposes about 20 billion rubles leave. Other inefficient measure is sale of state ownership, for example, of buildings of the Pension fund. "Of course, I agree, they have too swung with the apartments. It irritates people. And I also support it. By estimates, the total cost of these objects – 120 billion rubles. But even if all of us will sell them, and we will direct money to pensions, we will be able to pay them also about six days. It is not an exit too", - the Russian leader has noted. Taxation by surtaxes of energy industry will allow to pay pensions several months, however such decision can endanger all pension system. The dependence of a complex on difference of the prices in the world markets is the reason for that. According to Putin, it is impossible to call an exit too use of means of reserve funds which size depends on oil and gas income. In case of falling of the prices reserves will be exhausted within several months. Increase in financing of the Pension fund at the expense of the federal budget in turn will lead to destruction of a financial system of the country. Such result should be expected at increase in average pension and the subsequent growth of deficiency of the fund.

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