Austerity Measures or New Taxes?

Politics ♦ Published: November 19, 2011; 19:58 ♦ (Vindobona)

The Austrian government has to reduce its deficits, after having announced the “debt break”. The social democrats call for property taxes.

Austerity Measures or New Taxes? / Picture: ©

The coalition partners agreed to reduce new debts, but the details in order to reach this aim are not clear yet. For the time being, the coalition parties SPÖ (social democrats) and ÖVP (people´s party) will discuss the first steps internally. The trade union and the Chamber of Labor already reacted depreciative to the “debt break” program., the Chamber of Economics and the…