IHS Pleads for Inheritance Tax
Christian Keuschnigg, director of the Austrian Institute of Advanced Studies, thinks that an inheritance tax would be a contribution for more equality.
In an interview with the Austrian newspaper „Standard“, Keuschnigg explains that Austria needs a simplification of the tax system. „The goal should be as little exemptions as possible, low tax rates and a broad tax base.“
Keuschnigg proposes to create tax allowances for families with children of compulsory school age and for persons aged beyond 55. This would bring…