Kacy,You wrote"Ukraine's new government is to raise gas prices...

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    Kacy,

    You wrote

    "Ukraine's new government is to raise gas prices for domestic consumers by 50% in an effort to secure an IMF aid package."

    Next, expect pensions to be cut by 50%, income tax and VAT to go up (like Greece) and Putin to turn off the gas when they don't pay for it. But that don't matter when the Ukrainians are so in love with the new unelected government."

    --

    Current gas bill for retail consumers is around $10 per month so increasing it by approx $5 per month is the plan. 50% is correct but it is still just $5.

    Income tax in Ukraine is a flat rate of 15% however much one earns. So room to increase that as well - another 50% increase would still put the rate of personal income tax at 22.50% - much lower than most countries in the world.

    VAT is currently 20% and there are no plans to increase it.

    There are no plans to reduce old age pensions so I have no idea where your 50% reduction claim comes from unless you just made it up.

    As for the current transitional government being unelected,
    it was voted into power by a super-majority of elected MPs from across all parties except the Communist party who abstained. The MP's were elected, these elected officials formed a super majority and voted the current government in until proper elections can be held later in the year.

    Do you live in Russia?

    EB
 
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