Laws on ‘luxury’ exist to some extent in many countries. They can be conditionally divided into progressive taxes (where the rich pay higher rates) and direct taxes, where the cost of certain groups of goods includes a surcharge because supposedly only the wealthy buy these goods. Both of these ideas are nothing more than a haircut for ordinary citizens. The threshold of wealth will continuously decrease, and in the end, any normally working Kazakhstan citizen will be considered rich. Let’s take a look of one of the riches men of…
Read MoreBulat Utemuratov, Kazakhstani oligarchs and tax the rich slogan
