Socially fair improvement of taxation of income and property of individuals in the Russian Federation

Abstract

The object of the study is the taxation of income and property of individuals. The subject of the study is the socially fair improvement of taxation of income and property of individuals. The article presents specific recommendations for socially fair improvement of taxation of income and property of individuals in the Russian Federation. Particular attention is paid to the substantiation of the proposal to introduce a progressive tax scale for personal income tax. The article presents recommendations aimed at increasing the income of regional and local budgets from the collection of the taxes in question, as well as increasing the tax culture of citizens and reducing the number of road accidents. When conducting the research, the author used methods of analysis and synthesis of data (in different forms), induction and deduction. The scientific novelty is associated with the recommendations developed by the author for socially fair improvement of taxation of income and property of individuals in the Russian Federation, which meets the national development goals of the state for the period until 2030 and the list of instructions for the implementation of the Address to the Federal Assembly of the Russian Federation. The author’s special contribution to the study of the topic is the author’s proposed scale of progressive taxation of personal income (assuming the use of tax rates in the range of 13%–21%), the practical implementation of which will allow mobilizing about 1 trillion rubles. Recommendations for modernizing the taxation of property of individuals (including land and transport) have also been formulated. The materials of this study can be used in the practical activities of the Government of Russia, the Ministry of Finance of Russia, the Federal Tax Service, the Federal Assembly of the Russian Federation, as well as in organizations of higher and secondary vocational education.