Austrian Socialists Call for New Taxes

Politics ♦ Published: October 4, 2012; 00:21 ♦ (Vindobona)

The governing SPÖ wants to introduce new property and inheritance taxes.

Austrian Socialists Call for New Taxes / Picture: © Flickr / SPÖ Presse und Kommunikation

The study on assets owned by Austrian triggers a revival of the tax debate. The average size of assets held by Austrian households is three times higher than the median size of assets. In total, Austrian households have total net assets of € 1.0bn. 75% of the households have do not have more than € 250,000. 40% of the Austrian households do not possess more than € 50,000. The…