Austria -Campaign for reduction of income tax -September 26, 2014

The trade union confederation ÖGB wants a substantial reduction in taxes on all workers and employees. In addition, reform of the overall tax structure is required in order to bring greater fairness into the domestic tax system. In 2012, the average tax rate on work was 41.5% – the third highest level in the whole of the EU and well above the EU average of 36.1%. And while Austrian taxes on work are way above average, workers on low and medium incomes are particularly hard hit. According to the ÖGB the starting tax rate of 36.5% (on annual income of EUR 11,000 and upwards) is far too high, especially in comparison with corporation tax and capital gains tax with a flat rate of 25% – regardless of the tax base.

English: https://usilive.org/austrian-unions-campaign-for-a-reduction-of-income-tax/

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.