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Tumpel - No mass taxes!

Published: June 16, 2010; 00:00 · (Vindobona)

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

"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…

This article includes a total of 223 words.

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