Lithuania 'Forced' To Hike Taxes To Meet NATO's Military Spending Target; Fears Losing Membership?
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- čas přidán 21. 05. 2024
- NATO member Lithuania is planning to raise taxes on companies, fuel, and alcohol as part of a package of measures to raise additional funds for defense next year. The proposed steps include hiking the corporate tax rate to 16% from 15%, and raising the excise tax on alcohol, tobacco, and fuel. The move comes amid the ongoing Russia-Ukraine war. Watch this to know more.
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#NATO #Lithuania #tax #ukraine #russia #war #ukrainerussiawar #putin #zelensky #taxes #NATOnation
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Better invest the taxpayer's money in social security, infrastructure and education!!!
That must be Putin’s official motto, right?
Wait...
no more social security in U.S...ask all the senior citizens living in Mexico, and why.
@fabianschrotter well, Russia's 200 billion is allocated to help Ukraine rebuild after a ceasefire. So, Putin is helping. Just against his will.
...and have Russia walk in and just take control. Russkiy Mir as exhibited in Ukraine.
@@WildWildOldMexico that is a pile and you know it sputnik.
That's the price pay for playing with the big boys 😂
This move could have significant implications for our portfolios if not planned well. What are thoughts on how this could affect our investments?
The increased taxes might strain the Lithuanian economy, leading to reduced consumer spending and potential slowdowns in growth sectors
It's crucial to consider how such fiscal policies can impact not just local, but also European and global markets, especially for those holding international assets.
This global economic climate is already quite volatile, and moves like this from Lithuania can exacerbate market instability. How should we be adjusting our portfolios to minimize risk and potentially capitalize on any market shifts?
With the global economy facing uncertainties like inflation and geopolitical tensions, keeping a diversified portfolio is key
Having an advisor has always been the wisest thing, Only highly qualified professionals who had to experience the 2008 financial crisis could help to earn a high in these challenging conditions.
Internal bleeding😅😅😅😅
Lithuania and its 30,000 soldiers will now be way more dangerous 😂give me a break. A country that small, with such a small army, should be declaring neutrality, and fostering trade deals, so that they don't have to go to war with anyone.
one for all and all for one. Why don't you let them figure it out sputnik.
@@salvor1 "let them" 😂that doesn't depend on me. I can make fun of them for their stupidity tho.
Lithuania, Latvia, Estonia and Finland are beaches of the US 😂😂😂😂😂😂
@@liongordel9088 and UK an air base.
@@salvor1 Vous avez un QI de moule , je vous plains !
Is all money laundering
Payment for protection, where i saw this last time? 🤔
Small flies are always most boring ones.
Baltic countries are very small but they have ego of astronomical size. Estonian prime minister came to India and they were lecturing us indirectly about democracy .
Well, a look at the international democracy index shows that Estonia, in 27th place, is still considered an incomplete democracy, unlike EU members such as Norway, Sweden, Denmark, Germany or the Netherlands...
However, it is still far above India, which is also rated as incomplete democracy in 41st place.
You should listen when countries like Estonia talk about democracy, then maybe you could learn something.
India is leaning towards totalitarian regimes like russia.
@@fabianschrotter Fcuk democracy, these indices are made by western countries. Most of these countries became rich by plundering Asian and African countries. I don't buy western propaganda, they set question and they write the answer and they mark the answer sheets.
@@fabianschrotterWho makes those rankings😂😂
Tell me you have 0 critical thinking without telling me😂
" To fund the Bloated US military industrial complex " _ sadly poor European standards of living ................
Average life expectancy for men in the EU is 77 years.
Average life expectancy for men in Russia in 2022 (before the war) was 66 years.
Don't worry about the standard of living in the EU, but Russia hasn't published any figures since the war started, it probably got too bad.
Why do you think Russians have stopped publishing average life expectancy since 2022? 66 years was already miserable but where are they now?
Under 60?
@@fabianschrotter "The life expectancy for Russia in 2023 was 72.98 years, a 0.19% increase from 2022. The life expectancy for Russia in 2022 was 72.84 years, a 0.19% increase from 2021". Better?????
@@aliklili And the most funny thing: google "world happiness index" and "russia". 😢
@@aliklili Can you differentiate between men and women?
I thought Russian propaganda attributed this problem to the West?
Last year, the EU approved 12 sanction packages against Russia and the Russian economy grew 3%. Meanwhile, the German economy is in "tatters". The EU sanctioned itself.
les idiots c'est tout les ânes qui sont dans l'UE !! se tirer un balle soit même dans le pied , faut vraiment êtres très très con !
joker nations
Imbecils.
Lithuania, zelensky, biden, macron, scholz, sunak, trudeau and netanyahu are competing for the clown of the year award. It's going to be a close contest this year.
Cuequinha americana 😂😂😂😂😂
Agora, como no resto da Europa, levamos com mais impostos para pagar a boa vida na Ucrânia 😂😂😂😂
Thanks , the hard-earned taxpayers Money went to ro ....
U s military industry complex _ !
got a better place to buy weapons? how about russia? tee hee hee.
American democracy has to be followed as well 😂
no, normal democracy. like in the free world.
Real democracies have more then 2 wasteful flip flop parties that can simply buy each other's agreement out with enough tax payers money.
America democracy the most oppressed country in the world
@@user-nn4yx2rp3o if your wheels touched the ground they would not spin so much sputnik.
@@user-nn4yx2rp3o "the most oppressed" ya ha ha.
NATO trapped Lithuanian budget
Lithuania has a right to not be extorted under the umbrella of NATO
I believe it’s condition for membership so they can choose to leave and not increase spending on military.
@@TheRealChese Leaving the NATO umbrella as a small neighbor of Russia is a death sentence.
Therefore, Estonia will of course endeavor to comply with the guidelines.
Lithuania also has the right not to be under the orbit of Russia. Remember, it has had experience of this. It does not recommend it. Can you respect this right?
@@oconnem1 So much fear mongering. They could be friends of Russia, but they choose to antagonize it instead.
“Death sentence”?? You are engaging in hyperbole.
There are 19 countries in Nato not meeting the 2% requirement. France, Germany, and Norway are included. The Uk spends 2.1%
Let’s see how popular his tax hikes are in a few days.
“Incumbent President Gitanas Nausėda is running for re-election to a second term. A second round will be held on 26 May, as no candidate received an absolute majority of the vote.[2] The elections saw Nausėda and Prime Minister Ingrida Šimonytė facing off in the runoff in a rematch of the 2019 election in which Nausėda defeated Šimonytė.”
Hahaha haha!!! Shame on NATO!! Hahaha
Wouldn't it be better to spend the time and money on understanding Russia China India Pakistan Syria Gaza Israel etc.
As well as negotiating cooperation and strengthening peace. Instead of imposing the West's narrative position and opinions on the countries
Don’t wanna pay? Then don’t be a part of NATO. Ur free to leave at any time.. 😊
We’re sick of paying for everything.
they are spending more than NATO is asking. why are you saying 'don't want to pay'. They didn't say anything of the sort.
BTW, the EU spends more than the US.
No one is forcing Lithuania to do anything.
This is just a typical russian propaganda. Divert attention from the fact that Russia drew up new border territory that lets them have the Baltic sea. Which is a precursor for war.
@@salvor1How much do they spend individually and how much military equipment do we give them pr sell to them because that is how the relationship between the United States and EU works 🇺🇸
An excellent investment. 👍
How exactly? A 3% of GDP on military spending for a country that is not at war, and most likely won't be any time soon, it's a complete waste.
@@nightelfuser The investment helps their security. Of course they aren't at war but it's like investing in a burglar alarm, house insurance and the like. It's best to have it in place and not need it, than need it and not have it in place 🙂
@@nightelfuser Russia has a history of invading Lithuania, its good to be safe.
lithuanians have the right to revolt against it and join the greatness of mother russia from the Pacific to the Atlantic and everything in between... and with iranian fuel/gas prices.
The thing is, my friend, Lithuania wants nothing to do with Russkiy Mir. It experienced this until 1991. It did not like it. Can you at least respect this? Probably not if you are Russian.
Russia is far from being a great or healthy or happy country in its existing overbloated size and expanding further will only make matters worse for themselves not just for those whose land it steals. It already has to be held together through autocracy and violence, where a third of homes lack an indoor toilet, opposition politicians and journalists are eliminated, where you can be arrested for criticising the govt, where life expectancy is pitiful...
@@oconnem1 1991 ?... much improved now.
Anything to please their masters but at the expense of ordinary citizens
Putin just said that one fine visit from the RS-28 and Lithuania will be sent to the promised land!
EU 3rd world countries
Z
😂😂 fools
Saying nato can defeat Russia is like saying US can defeat China, Cuba, Vietnan, Afghanistan,
🇺🇸🇪🇺🐓
and Colombia & Bolivia & Venezuela
Saying Russia can defeat nato is like saying Russia can beat the poorest European country in the world.
@@matthewhager270 Vietnan and Afghanistan which is 50x weaker than Ukraine already defeated US/nato
Imagine Russia + China
🇺🇸🇪🇺🐓
@MarceLoCostaGameplays7661 image Russia and China losing to the poorest country in the planet? Ok
@@MarceLoCostaGameplays7661 Guess who collapsed and broke into 15 pieces 36 months after its defeat in Afghanistan...
The Soviet Union...
🇳🇿⚖️🇵🇱after aiding UA, they have 2 tanks left 😂population 2.6 mln., 5% are Russians
your point?
Aby se neposrali 😂😢😮😅
If im a Lithuanian i dont pay them any 1 dollar.. I dont pay for war
As long as Lithuania does not invest a self-destructive 40 percent of its budget in the defense industry, as Russia already does, Lithuania's economy should not suffer serious long-term damage.
you mean 40+ percent as U.S already does...
Yet its the German,US and Japanese economy struggling
😂
Russia and BRICS GDP growing while Europe is shrinking cuz of US
🇪🇺😄
@@neandercatz8877 Yes, that is exactly the difference between a normal economy and a war economy with full employment and unproductive economic growth.
The war economy is slowly eating itself up and its end is accompanied by a severe economic crisis.
At the end of the war, Russia will probably be living through the post-Soviet 90s again.
@@WildWildOldMexico The USA spends 40% of its budget on defense industry? I almost feel sorry for you in your fairytale world.
The USA has a military budget of $820.3 billion, which is 13.3% of the total budget. You seem to forget that the US economy is roughly 10 times larger than that of Russia.
Stupid comments. As if Lithuania has nothing to fear and its increased focus on defence spending to 3% of GDP is foolish. Let's recap. Russia invaded Ukraine. Russia has increased defence spending to about 7% of GDP (I don't see any comments in RT/HT criticising this), Russia has stated its desire to restore the territories of the USSR (which includes Lithuania). So according to RT/HT there is nothing for Lithuania to be concerned about. Yea sure. When did RT/HT become a Kremlin mouthpiece?
Where is it written that Putin has stated a desire to restore Soviet territories......nowhere. quit the bs.
3% is a LOT for a country that is not at war. Russia is at war, the 7% is reasonable while the war goes on. Also Lithuania won't be at war any time soon as long as NATO doesn't get involved. Also, Lithuania has very little population, unless it goes full North Korea, it won't ever be a threatening military force. What Lithuania should do is declare itself neutral, and foster cooperation with its neighbors. Fear mongering will get them nowhere, and antagonizing Russia is a terrible idea.
I remember during my school days I used to give all my lunch to the bully of the class so I could be around him all the time just to get people scared but as p grew older l told myself that I'm man and learnt to stand on my two feet by learning how to respect my brothers without fear
They are not 'forced'. They are increasing their military spending above NATO expectations
simply because of russia's aggressive nature. It's just smart.