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Austrian Budget: Experts Call for Further Reforms (Part 2)

Published: October 16, 2012; 16:41 · (Vindobona)

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

Austrian Budget: Experts Call for Further Reforms (Part 2) / Picture: © Vindobona.org

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…

This article includes a total of 286 words.

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