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Faymann Underlines Necessity of Property Taxes

Published: September 9, 2013; 21:44 · (Vindobona)

Austrian Chancellor Werner Faymann (SPÖ) calls for new taxes. In total, property taxes should bring tax revenues of more than € 2.0bn.

Faymann Underlines Necessity of Property Taxes / Picture: © Flickr / Werner Faymann, Thomas Jantzen

Against the background of the elections in Austria at the end of September, the socialists reiterate their call for property taxes. In the past, SPÖ argued that property taxes allow a reduction of taxes on income.

According to Faymann, the tax quota should come at 0.5%. In order to realize revenues of € 2.0bn, properties of € 400bn would have to be taxed. Faymann bases his…

This article includes a total of 215 words.

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