Image: Volker Weihbold
“The funds are there,” said AK President Andreas Stangl, referring to Austria’s government debt ratio in 2021 (82.3 percent), which is low compared to the EU average (93.7 percent).
According to a study commissioned by the AK, such investments would “pay off twice”: nationwide all-day childcare would, for example, increase the employment of women and thus also be profitable for companies.
Among other things, the AK calls for the reversal of the reduction in corporate income tax, a higher excess profit tax for energy companies and the introduction of an inheritance tax. In addition, the current electricity price model, the merit order system, should be abolished.
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