Chamber of Commerce and Industry proposed to increase the tax burden for highly paid workers up to 45%

The Chamber of Commerce and Industry of Russia (CCI) has proposed to introduce a progressive scale of taxation. She initiated the zeroing of taxes and fees from the wage fund for those whose salaries are below 13.5 thousand rubles. For the highest paid workers, the tax burden is proposed to be increased to 45%.

The initiative is contained in proposals for a strategy for the development of the Russian financial market until 2030. They were formed by the Board of the Chamber of Commerce and Industry for Financial, Industrial and Investment Policy. The head of the CCI Sergei Katyrin sent a letter to the first deputy chairman of the Central Bank Sergei Shvetsov, reports TASS. The material does not specify exactly how it is proposed to increase the tax burden for highly paid employees.

“To reduce the tax burden on business and a more equitable distribution of income, it is necessary to make a transition from the current regressive scale of taxes and fees from the payroll fund to a progressive scale,” the letter says.

It is noted that a tax of 45% is proposed to be established for 1% of the highest paid workers. The Chamber of Commerce and Industry considers the measures to switch to the 15% personal income tax rate insufficient for annual income above 5 million rubles.

On the pros and cons of the progressive scale – in the material “Kommersant” “Between equality and growth.”