He told about this in a comment to URA.RU.

“We propose to establish a 25% personal income tax rate for incomes over 10 million rubles a year and up to 40-50% for excess profits,” he said.

He also said that for those who receive the minimum wage or less, the personal income tax rate should be reduced to 5%, or to zero.

The MP added that there is a serious social rift in the country.

According to him, in this way, Russia will have a fair tax system that will reduce the income gap and reduce social tensions.

The Ministry of Finance of Russia previously reminded that, in accordance with the changes in the taxation procedure that came into force on January 1, 2021, income tax will be levied on interest on income on bank deposits in excess of 42.5 thousand rubles.