Options for Revenue-Based Fiscal Consolidation
Austrian Institute of Economic Research Economic Quarterly, No. 2, pp. 231-244, 2010
Posted: 4 Jul 2011
Date Written: July 10, 2010
Measures targeted at the revenue side of the budget can contribute between €10 and €28 billion to the consolidation of public finances in Austria. This total amount could be reached without harming the economy via an increase of excise taxes, an enhanced taxation of wealth and the abolition of tax exemptions, which have undesired economic effects, as well as the privatisation of selected government shareholdings.
Keywords: Fiscal consolidation, public revenues, Austria
JEL Classification: E65, H20, H60
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