The government is considering raising military duty and VAT: what it means for the population

The government of Ukraine is considering the idea of increasing the military levy and value added tax (VAT) in the country. This is due to the need to provide funding for defense and other important sectors in connection with the growth of security threats. This was announced by the Minister of Finance of Ukraine, Yaroslav Zheleznyak.

According to the government's plans, the increase in the military levy and VAT should become a source of additional funds for defense needs. This means that citizens and businesses can expect an increase in the tax burden. However, according to the Minister of Finance, this is a necessary step to ensure national security and defense capability of the country.

An increase in military duty and VAT may also have economic consequences for the country. In particular, it could lead to an increase in the prices of goods and services, which could affect consumers and businesses. Some experts note that such a move could cause a decrease in consumer demand and overall economic growth.

On the other hand, the adoption of measures to increase the military levy and VAT can help strengthen the country's defense capabilities and ensure the safety of citizens. The government emphasizes the need to ensure adequate funding for defense reforms and increasing the army's capabilities.

It is also necessary to take into account the social consequences of a possible increase in military duty and VAT. For some sections of the population, this can become an additional financial burden, which will worsen their material situation. Therefore, it is important to ensure an adequate level of social protection and compensatory measures for the most vulnerable population groups.

In general, the question of a possible increase in military duty and VAT causes various opinions and discussions among citizens and experts. Solving this issue requires a careful analysis of all factors and a balanced approach, taking into account the interests of the country and its citizens.