Did you know that half of Russia's tax revenues come from coal and oil?Isn't that better than just oil barons getting rich?

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Anonymous 02/23/16 (Tue) 00:27:13 No.17951

Did you know that half of Russia's tax revenues come from coal and oil?

Isn't that better than just oil barons getting rich?

Anonymous 02/23/16 (Tue) 00:30:16 No.17953

Hmm maybe the price will be bid down to only a low profit. And taxes just make it more expensive

Anonymous 02/23/16 (Tue) 01:12:56 No.17957

>>17951

No, that's a terrible idea. Supporting most of your government off a single industrial sector is a good way to shrivel up other sectors, and lead to terrible terrible things when the price of your chosen commodity falls or you run out of it. Venezuela and the Saudis are learning this now. Russia will learn this soon.

Anonymous 02/23/16 (Tue) 03:49:15 No.17987

You could have a powerful energy industry. Instead you have have a still-powerful energy industry and a corrupt and oppressive regime largely funded by it. OP pls