In 1973, the Austrian federal government under Chancellor Bruno Kreisky introduced value added tax in Austria. The socialist finance minister Hannes Androsch opts for a tax rate of 16% (reduced 8%). The tax is levied on all products. The population is fully informed. Today the tax rate is 20% (reduced 10%) on all goods and … Continue reading Social Democrats then and now
last sunday austria held its national parliamentary elections. the results were regarded as "paradox" by observers, some were even left "clueless". first of all, the outcome showed three winners and three losers: the first winner was the center-right people's party (övp) lead by their young former chancellor sebastian kurz (+5,9%). the second winners were the … Continue reading who needs social-democrats?