President Vladimir V. Putin of Russia appears on track to institute a rare tax increase on corporations and high earners, a move that reflects both the burgeoning costs of his war in Ukraine and the firm control he has over the Russian elite as he embarks on a fifth term in office.

Financial technocrats in Mr. Putin’s government are searching for new ways to fund not just the war but also a broader confrontation with the West that is likely to remain costly for years. Russia is allocating


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