Marterbauer Commented on Wealth Tax

Finance Minister Markus Marterbauer made it clear on Thursday in "ZiB2" that he feels bound to the government program and can guarantee the 6.4 billion in savings anchored there. Should the need be higher than most experts expect, he did not rule out further measures. However, he is not considering a wealth or inheritance tax: "They are not up for debate for the next five years."

Government Program Without Wealth Tax

In principle, he considers taxes on high inheritances and wealth to be economically sensible. However, these taxes are not in the government program, so they will not come until 2029. He hopes that they can be implemented in the next coalition negotiations.

Regarding any potential higher savings needs, Marterbauer wants to wait for the economic researchers' forecasts announced at the end of March. Then the government will discuss how to proceed based on the figures. If measures are taken, they should not further stifle the economy. Whether there could be an EU deficit procedure, the Finance Minister did not want to judge. That decision is up to the Commission. However, he is confident that the targeted 6.4 billion will be adhered to.

(APA/Red)

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