Once again there are calls for wealth taxes for the super-rich. But the boss of Agenda Austria, Franz Schellhorn, now disputes this with arguments. He has current figures and advocates lower taxes. So people can build wealth.
It is said that in times of inflation and recession, the super-rich are in trouble. We have been hearing this from left-wing circles for months. The SPÖ and related institutions are also making this story more dynamic. There should be wealth taxes or millionaire taxes. People like Red Bull heir Mark Mateschitz, to whom his father left more than 30 billion, are always in the spotlight. They would pay too little taxes compared to ‘normal citizens’.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.