Politics

Austria: Controversy About Property Taxes

Published: February 20, 2013; 21:40 · (Vindobona)

According to Christian Keuschnigg, director of IHS, property taxes would have a negative impact on economic growth and the employment situation.

Austria: Controversy About Property Taxes / Picture: © Flickr

Today, Keuschnigg presented a study on the economic effects of property taxes in Austria. Unlike the social democrats (SPÖ), the coalition partner ÖVP (people´s party) rejects property taxes. Keuschnigg opposes to SPÖ and argues that the tax will not bring the expected revenues. SPÖ anticipates a tax intake of € 2.5bn. The governing party argues that property taxes allow a…

This article includes a total of 239 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Austria: Controversy About Property Taxes

According to Christian Keuschnigg, director of IHS, property taxes would have a negative impact on economic growth and the employment situation.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.