• English (United Kingdom)
  • Russian (CIS)
Peculiarities of Tax Policy in Russia in Conditions of Unstable Socio-Economic Situation

Author: Anna A. Druzhinina

Abstract: The paper considers the problems of tax policy in conditions of instable socio-economic situation in Russia. The paper justifies the proposition that tax policy should be the means of regulation and stimulation of savings, serve rational use of national wealth, contribute to harmonization of interests of economy and society and support the socio-economic progress of the latter. The author performs a comparative analysis of tax burden on individuals according to the income groups in Russia, the USA and Great Britain and argues that domination of economic principles in tax policy will enable balanced development of all economic entities.

Keywords: tax policy; tax burden; budget; tax payment; income tax; personal income tax.