Raising taxes mean more rubles in the treasury - but when they can just print more whenever they want it seems like they'd be adding taxpayer resentment for no good reason. On top of that, taking money out of circulation is a 'hit' to the internal economy. I'm no economist, anyone care to explain this to me?
Written by Bob Koure
Retired software architect, statistical analyst, hotel mgr, bike racer, distance swimmer. Photographer. Amateur historian. Avid reader. Home cook. Never-FBer