ÖDP on finance and taxes

The ÖDP wants to pay for its new welfare system from several tax sources. These include environmental and resource taxes, a higher top income tax rate, and new taxes on wealth, speculation and digital business.

The ÖDP wants to pay for the new welfare system with several taxes. There should be taxes on using up nature and on wealth. Speculation and digital companies should also be taxed. People who earn a lot should pay more income tax.

The platform describes broad-based funding as the foundation of a secure system. Environmental and resource taxes would be developed extensively, including carbon border taxes. The top income tax rate would rise in a way the ÖDP calls appropriate and socially fair. Savings on bureaucracy and administration, along with existing benefits that would no longer be needed, are also counted on.

The ÖDP wants an ecological and social tax reform: carbon pricing is to be expanded and the use of raw materials and land subjected to steadily rising taxes. In return, social insurance contributions would fall, and a per-capita payment would provide social balance.

The ÖDP wants taxes on the use of raw materials and land. These taxes should keep rising. In return, charges on wages should go down. Every person should also get the same amount of money back. This is meant to help people with little money.

According to the platform, prices should reflect a product's ecological costs. Relieving labor through lower social contributions is meant to cut non-wage labor costs, ease pressure to rationalize, and make services and labor-intensive products cheaper. A flat per-capita payment, called a climate dividend or eco bonus, is to offset higher prices for energy- and resource-intensive basic goods. The party sees this as redistribution from top to bottom.