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Austrian Industry: „Growth Instead of Redistribution“

Published: May 30, 2012; 16:59 · (Vindobona)

After the Austrian Chamber of Labor claimed he Federation of Austrian Industry underlines that Austria has the highest redistribution quota among OECD members.

Austrian Industry: „Growth Instead of Redistribution“ / Picture: © IV / Markus Prantl

According to Christoph Neumayer at IV (Federation of Austrian Industries), there is no leeway for further taxes anymore. Among OECD members, Austria is the most redistributive country, Neumayer says. Regarding the tax burden, Austria ranks third in the Eurozone.

„Even more redistribution cannot be a priority of the Austrian economic policy.“ the general secretary of IV said.…

This article includes a total of 177 words.

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