Swiss voters reject proposed tax on super rich
Swiss voters overwhelmingly rejected a proposed 50% tax on inheritances of 50 million francs ($62 million) or more, with 78% voting against it. The measure, put forward by the leftist Social Democrats’ youth wing, aimed to fund climate change initiatives. Critics and the Swiss government argued the tax could drive wealthy residents abroad and reduce tax revenue. The vote was seen as a test of … Continue reading Swiss voters reject proposed tax on super rich
