Tax on added value: how was and how will be

The article provides an overview of changes in the value-added tax rates in accordance with the data of the Tax Code of the Russian Federation since 1992. The analysis of structural changes in revenues to the consolidated budget of the country due to VAT was carried out. The prospects and consequences of the increase in the VAT rate from January 1, 2019 through the analysis of cases are considered. The authors determined that the main problem of increasing the VAT will be the reduction of the material well-being of the population of the country as the final consumer of goods, works, services.