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Property Tax : € 25.000 for Every Rich Person?

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.

Property Tax : € 25.000 for Every Rich Person? / Picture: ©

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…

This article includes a total of 163 words.

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