The Taxman Goeth

Russia hopes more of its citizens will pay their taxes if there aren't so many taxes to pay. Some experts say tax cheating is to blame for the cash crunch that led to the ruble's devaluation and foreign loan defaults. Prime Minister Yevgeny Primakov is proposing a 6 percent reduction on goods and services and a 5 percent income-tax reduction in an attempt to revive the Russian economy.

Russia hopes more of its citizens will pay their taxes if there aren't so many taxes to pay. Some experts say tax cheating is to blame for the cash crunch that led to the ruble's devaluation and foreign loan defaults. Prime Minister Yevgeny Primakov is proposing a 6 percent reduction on goods and services and a 5 percent income-tax reduction in an attempt to revive the Russian economy.