Tumpel - No mass taxes!

Politics ♦ Published: June 16, 2010; 00:00 ♦ (Vindobona)

Higher taxes would further boost inflation - rising prices mean less purchasing power and ultimately less growth.

Tumpel - No mass taxes! / Picture: © Vindobona.org

"Higher taxes would now be the wrong signal, "says Chamber of Labour President Herbert Tumpel with reference to inflation in may.

A third of the inflation can be ascribed to fuel prices. Apartment rents rose twice as fast as inflation. Higher mass tax would mainly affect small and medium-income earners and push up inflation.

"An increase in energy or rise in rental…

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