Austria: IMF Pushes for Tax Reform

Politics ♦ Published: September 13, 2013; 15:46 ♦ (Vindobona)

The International Monetary Fund recommends re-considering the tax system. The Austrian wage taxes are too high, IMF criticizes.

Austria: IMF Pushes for Tax Reform / Picture: © Vindobona.org

 

In general, Austria´s economic performance is satisfying, the IMF states in the latest country report. However, the fiscal policy is one of Austria´s most pressing issues.

In total, taxes on labor are too high. In the Eurozone, Austria´s income taxes are the highest. According to the IMF, the income taxes should be reduced as well as social…