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The overall tax burden was lower in Russia under Putin than in most European countries. [151] President Putin signed into law in 2024, a bill imposing a 13% progressive wealth tax for those earning up to 2.4 million rubles ($27,500) annually, a 22% income tax on those earning above 50 million rubles ($573,000), and a 5% increase on corporate taxes.
Russia, [b] or the Russian Federation, [c] is a country spanning Eastern Europe and North Asia. It is the largest country in the world by area, extending across eleven time zones and sharing land borders with fourteen countries. [d] It is the world's ninth-most populous country and Europe's most populous country. Russia is a highly urbanised ...
Some analysts believe that this nuclear strategy under Putin has brought Russia into violation of the 1987 Intermediate-Range Nuclear Forces Treaty. [431] Accordingly, U.S. president Donald Trump announced the U.S. would no longer consider itself bound by the treaty's provisions, raising nuclear tensions between the two powers. [431]
In the 1990s, Vladimir Putin, a former KGB officer, rose from the director of the Federal Security Service (FSB) to a key position in the Russian government. Putin cultivated good relations with the country's elite, including oligarchs and political figures from the Yeltsin era, which contributed to his career advancement.
The politics of Russia take place in the framework of the federal semi-presidential republic of Russia.According to the Constitution of Russia, the President of Russia is head of state, and of a multi-party system with executive power exercised by the government, headed by the Prime Minister, who is appointed by the President with the parliament's approval.
Putin and Russian Colonel general Oleg Makarevich on 17 April 2023 during Putin's visit to Russian army troops in Kherson Oblast. In his 21 February 2023 address to the joint houses of the Russian parliament Putin stated that "We are not at war with the people of Ukraine. They've become hostages of their own regime and its Western masters."
The government of Russia (Russian: Правительство Российской Федерации, romanized: Pravitelstvo Rossiyskoy Federatsii) is the federal executive body of state power of the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. [1]
On 9 August 1999, Vladimir Putin was appointed one of three First Deputy Prime Ministers, which enabled him later on that day, as the previous government led by Sergei Stepashin had been sacked, to be appointed acting Prime Minister of the Government of the Russian Federation by President Boris Yeltsin. [11]