Coalition negotiations in constant stress: taxes, saving and future!

Coalition negotiations in constant stress: taxes, saving and future!

Österreich - The coalition negotiations in Austria reach a critical phase in which the focus is on the budget. As the Krone , the subgroups of the ÖVP, SPÖ and NEOS meet at intensive negotiations in order to reach an agreement promptly. There are significant differences in the parties' approaches, especially when it comes to topics such as wealth taxes. SP boss Andreas Babler emphasizes that "wider shoulders have to wear more", but this is due to resistance. In view of a weakening business location, Franz Schellhorn from the Agenda Austria demands urgent measures and warns of further tax increases that could continue to burden the location.

demands for quick action

Schellhorn particularly criticizes the lax access of the negotiators and emphasizes that at a time economic challenges "a government capable of action" is required. He supports a consolidation plan, which was to be largely implemented by expenses - about 80 percent -. "If you already talk about wealth taxes, this should be temporary to create financial scope," said Schellhorn. Pension reform is also one of the urgently needed measures to get the billion dollar expenses under control.

In an interview with the Kurier , Schellhorn expresses concerns about 50 percent of the GDP, and suggests an expenditure brake to To protect the population from politically motivated budget decisions. At the same time, he criticizes the government's unclear strategy in relation to tax relief and the need for budget reform. "Relief without budget discipline will only lead to higher taxes in the future," he warns.

Austria faces the challenge of being confronted with increasing unemployment and shrinking economy. The discussions about potential solutions and strategies to maintain economic stability and competitiveness gain urgency. Schellhorn sees the main need for action in the deregulation and the remedial of the high administrative effort that companies hinder their development.