Rising budget deficit and falling tax revenue due to weak economy: Wi-Fi– Director Gabriel Felpermeyer At press time on Sunday, he urged the future government to take swift action.
Abolition of this is conceivable Diesel offers and increase Mineral taxFelbermayr said. He also raises the amount for discussion Property tax.
“A clear reform agenda is needed”
It’s clear there will be cuts for citizens, Felbermayr said. Either you get less or you pay more. But raising taxes or cutting spending won’t be enough, according to the economist: “a clear reform agenda” is needed to get back on the growth path.
Felbermayr argued something like this Diesel offer. It will be together Half a billion euros with. They too Mineral oil tax That hasn’t adjusted since 2011, the economic researcher said. He rejected inheritance tax or general property tax. However, an adjustment is conceivable Property tax. Nothing has changed since the 1970s: “We have to find compromises.”
Tripartite “complex”
In the end, it doesn’t matter whether this is possible in a two-party or three-party coalition. However, three-way alliances are complicated, Felbermayr said of Germany. In Austria, the ÖVP and the SPÖ have narrow majorities.
If you meet the requirements of the EU Commission and the budget deficit Less than 3 percent If you want to push it, you’ll need it relatively quickly 2.5 billion euros. Baby boomers will retire in the next few years due to additional funding requirements, green transition and demographic challenges.
Felbermayr spoke in favor of a “careful” increase Pensioners On that day 67 years out. He thinks 2044 is a realistic time for this. However, the main problem is the actual retirement age, which is often too low.
“Passive Traps”
The economic researcher identified several “dysfunction traps” in the Austrian social system. That’s about it Reserve 15 to 20 working hours is not attractive because you will lose housing. Also Additional revenue limits You should look into unemployment insurance, suggested Felpermeyer.
Felbermayr insisted that he had no political aspirations. One’s work Finance Minister Either way he would refuse. The balance sheet of his former colleague and former IHS boss Martin CoutureThe one who took over the economy ministry for the ÖVP sees him as “not very positive”. But the question is whether anyone else could have done it better. Felbermayr said that researchers can explain situations well and put proposed solutions on the table, but scientists are not good at handling complex negotiations.