https://www.live-feeds.com/feed/finance-ministry-unveils-2027-budget-draft-with-fresh-tax-hikes-to-fund-war-deficitContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/finance-ministry-unveils-2027-budget-draft-with-fresh-tax-hikes-to-fund-war-deficithttps://www.live-feeds.com/feed/finance-ministry-unveils-2027-budget-draft-with-fresh-tax-hikes-to-fund-war-deficit#u86806Sun, 27 Sep 2026 21:01:45 +0000Russia's Finance Ministry has submitted its 2027-29 budget draft, proposing fresh tax hikes to fund the country's military spending and war deficit. The tax increases target passive income, e-commerce, and corporate windfalls. This move comes as Moscow struggles to cover the soaring costs of its war against Ukraine.Why it mattersThe proposed tax hikes are part of Russia's efforts to secure funding for its ongoing military activities in Ukraine. The Kremlin had previously insisted that no further tax increases were being discussed. The new budget draft is a significant developmen