Austria on the crossroads: urgent reforms for future prosperity!

Austria on the crossroads: urgent reforms for future prosperity!

Austria faces a serious economic dilemma: high energy costs, controls and a bloated bureaucracy are increasingly endangering the country's prosperity. The Freedom National Councilor Dr. Barbara Kolm complains that the black and green government will continue to burden the state's financial situation through inefficient economic policy and a lack of output discipline. According to statistics Austria, domestic prosperity has declined in the past five years. Kolm warns of a possible EU deficit procedure that the state administration could put under EU control. In order to avoid this, a budget schedule must quickly be created, which takes a consolidation requirement of 24 billion euros in the next four years. In order to counter this, Kolm calls for unnecessary regulations and a fundamental structural reform to relieve Austria as a business location, such as ots.at reported.

Another central topic is the increasing tax burden and the associated question of the moral obligations of the state. In a discussion round between Barbara Kolm and Oliver Ginthör, President of the Federation of Taxpayers, it was found that the government's tax policy is ineffective. Ginthör emphasizes that the state should not take advantage of the sovereignty in order to get the money of the citizens uninhibitedly. Taxpayers must not suffer from excessive tax pressure, while the state works inefficiently. A higher moral claim to the administration is necessary to avoid tax waste and at the same time increase efficiency, says Ginthör. A decline in tax revenue is not the problem, but an excessive government expenditure policy, as the Hayek Institut explains.

KOLM also brings up the need to critically think about the tasks of the state. A fundamental reassessment of state services is necessary to create transparency about the costs associated with state activities. Both experts agree that a reduction in bureaucracy and a clearly defined budget are urgently needed to secure the future of Austria and enable citizens to freed more.