The socialist party has prepared an alternative draft Federal budget for 2016

The socialist party has prepared an alternative draft Federal budget for 2016


In order to increase budget revenues, “Fair Russia” proposes a series of tax reforms: repeal the tax maneuver and simultaneously increase rates of export customs duties, to refuse to refund VAT to exporters of raw materials.

MOSCOW, 13 Nov. Faction “Fair Russia” prepared an alternative draft Federal budget for 2016 and proposes to approve it, and not a document of the Cabinet.

The state Duma considers the project of the main financial estimates for next year on Friday in the first reading.

As follows from the document, which is available at the disposal, revenues in 2016 will be offered to the level of 15.1 trillion rubles (government edition — 13.7 trillion), the cost — 17,47 trillion rubles (16.1 trillion). The deficit, according to the estimates of SRS, in 2016 will be 3% of GDP, or 2,36 trillion rubles, as in the embodiment of the government.

“If to speak about the political evaluation of the budget, it can be noted that the government proposes to solve the budgetary and economic problems at the expense of the middle class and the poorest. Low indexation of social payments are combined with unwillingness to share the burdens of the crisis that we supposedly have already passed, with the elite and higher-yielding sectors of the population”, — the document says.

Therefore, the socialist party propose to increase budget revenues, to hold a series of tax reforms. In particular, CP believes that it is necessary to cancel the tax maneuver and simultaneously increase rates of export customs duties, to refuse to refund VAT to exporters of raw materials.

According to them, only one redistribution of the tax burden will allow us to find additional incomes of the Federal budget in the amount of 1,367 trillion rubles.

In addition, the socialist-revolutionaries offer other economic and social measures, such as the introduction of “luxury tax”, increasing the size of the indexation of pensions to 12.2%, reduced rates of insurance contributions to extra-budgetary funds, the VAT rate is reduced to 16 %, the introduction of tax incentives for innovative businesses and more.