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Fekter Wants Tax Reform

Published: August 29, 2012; 10:17 · (Vindobona)

In an interview with the Austrian newspaper „Presse“, Finance Minister Maria Fekter said to plan a tax reform. The entry tax rate should be lowered.

Fekter Wants Tax Reform / Picture: © ÖVP Bundespartei / Jacob Glaser

According to Fekter, there are substantial shortcomings in Austria´s tax system. More than the half of the working population does not pay taxes, Fekter explains. But then the tax rate goes up to 36%. Thus, the middle class has the biggest burden, Fekter argues. There is much to do in Austria´s tax system. For Fekter, a flat tax would not be sufficient.

According to the…

This article includes a total of 217 words.

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