Should Five Percent Appear Too Small: Medvedev & Russia’s Social Insurance Tax
20 Jun 2011
On March 30, 2011, President Medvedev gave a speech in Magnitogorsk, where he announced a series of executive orders aimed at improving Russia’s miserable, “bad, very bad” investment climate. In an apparent effort to reach out to business interests, Medvedev declared that social insurance payroll taxes (strakhovye vznosy) were too high, and he ordered the [...]


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