Boost for the economy: a reduction in labor taxes would create 30,000 jobs

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The consultancy Deloitte and the economic research institute EcoAustria are calling for a comprehensive reform of the tax system to stimulate the economy: in a new study they have analyzed which measures a new government can really end the recession and create a job boom.

According to Deloitte and EcoAustria, the main problems for Austria as a business location are the complicated tax landscape and the high tax rate. The current economic crisis and recession make rapid action necessary. In a study, the experts have now discovered which effective measures can actually cause a new revival and a boom in employment. And they analyze how company migration can be prevented.

Source: Krone

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