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Faymann Underlines Necessity of Property Taxes
People ♦
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.

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…
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