Austria -OECD report pleads for lowering wage tax -February 10, 2015

In an OECD-report it was noted that the country needs to take a range of measures to ensure long-term growth - in particular by reducing effective marginal income tax rates. Labour taxes include personal income tax and employee plus employer social security contributions. The report notes that taxation is particularly high for low income earners, with the average childless taxpayer paying almost 20% more tax than the OECD average. Such high tax rates, especially at low income levels, undermine work incentives the report says. The report also recommends eliminating any subsidised avenues to early retirement.

English: http://www.thelocal.at/20150210/oecd-says-austria-can-do-more-to-boost-growth

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.