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Property Taxes: Controversy Between Austrian Government Parties

Published: August 14, 2012; 19:16 · (Vindobona)

The Austrian social democrats still push for introducing property taxes. The coalition partner ÖVP rejects the idea.

Property Taxes: Controversy Between Austrian Government Parties / Picture: © Flickr / Werner Faymann

Chancellor Werner Faymann (SPÖ) emphasized that an inheritance tax should be re-introduced. In order to support R&D and education, further tax intake would be needed, Faymann argued. The inheritance tax should be applicable beyond € 1.0m.

By contrast, ÖVP opposes to SPÖ. Vice-Chancellor Michael Spindelegger (ÖVP) commented that the government consists of two different…

This article includes a total of 222 words.

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