Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax - Analysis | Eurasia Review:
"Ukraine doesn’t need Russia to take it down—Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes for private gas producers and promises to irreparably cripple new investment in the energy sector at a time when reform and outside investment were the country’s only hope.
Ukrainian President Petro Poroshenko on August 1 signed off on a new tax code that effectively doubles the tax private gas producers in Ukraine will have to pay, calling into question any new investment, as well as commitment from key producers already operating in the country.
The stated goal of the new tax code—a legislative package embraced by the parliament on July 31 with more than 300 votes–is to raise $1 billion, of which $791 million would go to fund the war effort in eastern Ukraine."
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