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Property Tax : € 25.000 for Every Rich Person?
Politics ♦
Published: September 5, 2011; 13:15 ♦ (Vindobona)

The Austrian Socialist Party (SPÖ) claims to introduce property taxes. About 80.000 people in Austria would be concerned.

If the taxation plans of the SPÖ would be realized, every as “rich” classified person would have to pay € 25.000 more taxes on average. Properties amounting to € 740bn would have to be taxed, targeting about 80.000 people. This would be the richest percent of Austria´s population.
The SPÖ intends to raise another 2.0bn of new taxes through the property tax. Thus, if…
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