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Austrian Budget: Experts Call for Further Reforms (Part 2)
Politics ♦
Published: October 16, 2012; 16:41 ♦ (Vindobona)

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Austrian economic research institutes criticize the state budget and want the government to show more ambition.

According to the economist Margit Schratzenstaller (Austrian Institute of Economic Research, WIFO), the structural measures in the state budget are a step in the right direction. However, the reforms are not ambitious enough, she said. Moreover, Schratzenstaller called for a tax reform. Above all, income taxes should be lowered. At the same time, property taxes and environmental taxes…
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