As an antidote to massive inflation, the federal government is also trying to help with a tax-deductible amount. In this way, employees of a billion euros should be released – but as a calculation by the budget service in parliament shows, this promise is not kept.
Austria in Europe will still be jealous of the anti-inflation package, the federal government made a firm promise at the announcement. In addition to the abolition of the so-called cold progression, one-off financial injections should absorb inflation.
500 euro housing costs discount
This also included the ‘aid billion’ promised by the Ministry of Finance: as part of the package of measures to absorb inflation, employees can claim a negative taxable cost of living of 500 euros by 2022, leading to underpayments in 2023. The Ministry of Finance hoped that this measure would bring a billion euros in relief.
“Significantly lower relief volume”
However, Parliament’s budget service has now recalculated these measures – and cannot understand the billion promised. As the “Wiener Zeitung” reported on Wednesday, “the budget service’s calculations have resulted in a significantly lower volume of aid,” the paper quoted the report as saying.
However, the budget controllers do not indicate in their report how high the reception will actually be.
Ministry is working on proposal for “free stream”
After criticism of possibly insufficient relief in the inflation crisis became unmistakably loud, further measures are likely to be imminent. While the majority of provincial governors called for ceilings for electricity prices, the Ministry of Infrastructure is already working on a variant that should at least cut the electricity bill.
Using “free electricity” for all households (about 80 percent of the previous year’s consumption) could also encourage energy savings.
SPÖ: “Next turquoise green belly spot”
“Caught in the act of cheating,” SPÖ federal director Christian Deutsch said on the report. “Not only do the government measures come much too late, they are also far from reaching the indicated volume. The government package dissolves into thin air, just like the billion patients.” This “turquoise-green belly stain” is further proof that Chancellor Karl Nehammer (ÖVP) and Vice-Chancellor Werner Kogler (Greens) are ready to resign, said Deutsch, who repeatedly called for new elections.
Instead of giving false numbers and misleading the population, the government should finally fight inflation, Deutsch said. He calls for a price cap or tax cuts on basic needs such as food, energy and housing, as well as a tax cut on labor and an increase in pensions and unemployment benefits. He also spoke out in favor of skimming the “excess profits” of energy companies.
Source: Krone
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