Cold progression – tax reform brings 3.65 billion euros

2023-08-08 17:46:00

In a study, economists calculate the relief resulting from the end of cold progression. But it is still unclear what will happen to a third of the money.

Finance Minister Magnus Brunner is no friend of superlatives. However, when he wants to describe the effect of the abolition of cold progression, he still speaks of a “historic event”, a permanent tax reform, so to speak. Economists from the Institute for Advanced Studies (IHS) and the …

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