Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine

• Putin could raise taxes on high earners and companies after the country's election, Bloomberg reported. 
• More tax revenue would pay for the war in Ukraine and fund some social programs. 
• Putin is expected to easily win reelection when Russia votes on March 15-17. 

Vladimir Putin could raise taxes after the presidential election this month to keep the money flowing to pay for the country's war in Ukraine.