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Leitl: “Grand Coalition Did Not Fulfill Expectations“

Published: September 24, 2013; 11:26 · (Vindobona)

Christoph Leitl, President of the Austrian Chamber of Commerce (WKO), favors a change in the governing parties as the grand coalition has not realized the necessary reforms.

Leitl: “Grand Coalition Did Not Fulfill Expectations“ / Picture: © Wikipedia / Christian Jansky (User:Tschaensky)

Leitl considers the idea of Karl Aiginger, head of the Austrian Institute for Economic Research (Wifo), to lower the threshold tax rate a good idea since it would support consumption in the lower income levels. However, he points out that a reduction of indirect labor costs could be carried out immediately without straining the budget but for relieving groups on lower income. Leitl…

This article includes a total of 430 words.

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