Business Lobby Proposes Tax Solution While Government Thinks

The business lobby group Delovaya Rossia proposed Tuesday a restructuring of the pension system and a raft of alternative taxes to bring the social tax on payrolls down to 16 percent from its current 34 percent. “Business lacks confidence,” said Boris Titov, chairman of Delovaya Rossia, co-leader of the Right Cause party and a founding member of Prime Minister Vladimir Putin’s People’s Front. He said that, according to data from the […]