Russia has lost so much money due to the Ukraine war that it's now trying to raise $4 billion by slapping a windfall tax on its oligarchs
www.businessinsider.com
The proposed law will require Russian companies that made profits of over 1 billion rubles each year since 2021 to pay a one-off 10% tax.
  • 133arc585@lemmy.mlEnglish
    0·
    2 years ago

    Indeed, I think it’d be more accurate to say that both are hurting their people due to war spending rather than implying neither are.