Property Tax Debate Divides Government

The three-party coalition remains divided regarding the increasingly loud demand from municipalities for an increase in property tax. While the ÖVP rejects an increase, Vice Chancellor Andreas Babler (SPÖ) definitely wants to negotiate a reform of the property tax within the coalition. He is not averse to complying with the mayors' request, Babler said on Wednesday. In contrast, Chancellor Christian Stocker (ÖVP) promised a different solution for the municipalities.

Property Tax Reform: Stocker Warns of Higher Housing Costs

He himself comes from local politics and can well understand the problems of the municipalities, Stocker emphasized before the Council of Ministers. But one must not increase housing costs by raising the property tax and thus counteract measures to reduce inflation. However, he promised to remain in talks with the municipalities, promising a solution for which there are already considerations. The Vice Chancellor from the SPÖ sounded different. He is very open to the demand for a reform of the property tax, Babler said. Long-term solutions are needed to relieve the municipalities.

(APA/Red)

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