Austria: Wifo Expert Calls for Structural Tax Reform

People ♦ Published: January 10, 2014; 14:46 ♦ (Vindobona)

According to Wifo-expert Schratzenstaller, the planned tax burdens on tobacco and automobiles are “largely useful”.

Austria: Wifo Expert Calls for Structural Tax Reform / Picture: © Vindobona.org

Margit Schratzenstaller, budget expert at the Austrian Institute of Economic Research (Wifo), considers the measures by the government as “largely useful” as they are only “slightly harmful to economic growth and employment”, she announced on Friday. Furthermore, positive steering effects were targeted by this, for instance through the increase of taxes on tobacco, alcohol and…