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The State Duma in the 1st reading approved a bill to raise the VAT rate

In the lower house of parliament in the first reading considered a bill to raise the VAT rate. Recall, that the government has proposed to raise the tax rate from the current 18% to 20. Increasing scheduled accomplished 1 January next year. According to authors of the bill, this step should allow to increase revenues to the federal budget 620 billion rubles annually.
The State Duma, the majority of which is represented by the "United Russia", the first reading of the proposed law supported.

Госдума в 1-м чтении одобрила законопроект о повышении ставки НДС

RIA Novosti is the statement of one of the deputies of the State Duma - Andrei Makarov, Chair of the Committee on Budget:

This is a reasonable decision, which provides additional resources to tasks, by the president.

According to Makarov said, received additional revenues from tax increases will be spent on health care, infrastructure projects and education.

And where they will be sent to the surplus from the combination of “expensive oil – cheap ruble”?

About, that the increase in the VAT rate can pull themselves and prices, in the State Duma prefer to ignore. And whether it is joined with the task, set by President, to reduce the level of poverty in the country?

Makarov:
additional 2% – This business contributed to the country's development.

Now the bill must pass through a final reading. in economics experts believe, with the result that it will be adopted.

                          
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