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Leitl: "Restructuring Instead of Cashing in"
Christoph Leitl, head of WKO (Austrian Chamber of Commerce), dismisses further plans for a tax hike. The outcome would be fatal and the economy exposed to threats.

The additional burden for Austrian enterprises and higher earners was in total € 8bn from 2010 to 2013.
Austria shows the highest tax and contribution ratio (currently at 43.6 %) compared to other OECD countries and it will augment further. Nonetheless, the Austrian economy had to carry this burden too. According to Leitl, taking responsibility in fiscal hindsight is necessary…
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