No Leeway for Wage Tax Reduction

Politics ♦ Published: August 27, 2012; 19:21 ♦ (Vindobona)

Austrian social democrats call for a relief of medium-income earners. Finance Minister Maria Fekter opposes to this idea.

No Leeway for Wage Tax Reduction / Picture: © Wikimedia Commons / Jack Georges [Public Domain]

Vienna´s mayor Michael Häupl (SPÖ) claims a tax cut for medium-income earners. The President of the Austrian Trade Unions (ÖGB) Erich Foglar supports Häupl. The next tax reform must focus on small and medium income earners, he says to the Austrian newspaper “Kurier”.

As the Austrian budgetary situation is already highly tensioned, a tax reform will not be possible before…