Policy Note 3: Are wealth taxes pro-growth?
Link:
Press release from May 03, 2012
Link:
Annex to the press release.
Autor:
Mag. Ludwig Strohner
Mag. Ludwig Strohner
Head of the Public Finance Research Section
A shift in the tax structure towards a reduction in the burden on earned income or corporate profits, while at the same time increasing the taxation of land and property, could be a growth driver. Higher taxes on environmentally harmful activities could also be considered. In the medium and longer term, a further improvement in the tax structure should be achieved by reducing the tax ratio.