Paul Sorrells

33%
Flag icon
Sokolnikov enforced balance of payments discipline as well, and by 1924 the Soviets would manage a trade surplus.206 Sokolnikov oversaw introduction of a regular budgetary system, with revenues from customs duties, transport, and especially direct taxation (the agricultural tax in kind, an income tax), but also new excise taxes on common items such as matches, candles, tobacco, wines, coffee, sugar, and salt. Taxing salt had been abolished as far back as 1881, making its revival by Sokolnikov extraordinary. The regime, in 1923, also reintroduced the monopoly on vodka sales (the tsars’ derided ...more
Stalin: Volume I: Paradoxes of Power, 1878-1928
Rate this book
Clear rating
Open Preview