Styria is threatening to suffocate under taxes – what to do now!

Styria is threatening to suffocate under taxes – what to do now!

On December 10, 2024, the Freedom Economy of Styria (FW) made serious allegations against the policies of the People's Party (VP) and Social Democratic Party (SP), which, in their opinion, have dramatically worsened the economic situation in Styria. Thomas Kainz, the state chairman of the FW, expresses his outrage about the ongoing financial problems in the automobile cluster and warns of a wave of corporate bankruptcies. "It's really crazy! The VP-SP coalition has maneuvered Styria into a downward spiral," he explains APA OTS reported. Kainz criticizes the disregard for solutions proposed by the Freedom Economy, which have been rejected for years, and emphasizes the need for change in economic policy.

The Styrian Chamber of Commerce also sees a need for action and is calling for a reform of the tax and contribution systems. She highlights that the public framework for employers and employees is crucial but is coming under increasing pressure. The chamber is proposing measures such as restructuring the state budget in order to provide more funds for future investments, while it is time to abolish inefficient taxes such as the ORF budget tax for companies. This was seen as part of the ongoing negotiations between the FPÖ and the VP in the state government FW Styria reported.

Economic measures in focus

Kainz warns that time is running out to protect Styria's economic integrity. Entrepreneurs are under immense pressure and the need for immediate action to stabilize the economy is becoming increasingly urgent. The FW calls on Styrian companies to actively participate in the upcoming elections of the Chamber of Commerce in order to break the “black omnipotence” and work for a reform-oriented economy. These political developments not only hurt the interests of the economy, but also question the future of Styria.