“The president proposed a careful adjustment - 15% of revenues above 5 million rubles per year. The unpopularity of the tax increase is offset by a small increase in the rate, ”Kudrin wrote on Twitter.

In his opinion, this is permissible if the tax is no longer changed, which is "important for trust and stability."

In an appeal to the Russians, Putin proposed starting January 1, 2021, to increase the personal income tax rate from 13 to 15% for people earning more than 5 million rubles a year.

He noted that the tax will be paid not from the entire annual income, but from the amount of excess over the established level.