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2025November › 30

Switzerland

7 months ago

Switzerland on Sunday overwhelmingly rejected a proposed 50% tax on inherited fortunes of 50 million Swiss francs ($62 million) or more.
But its billionaires threaten to flee if there is another attempt to fleece them
While the extension of compulsory service received less than 20 per cent support in many cantons, the debate on wealth tax centred on the attractiveness of the location and climate financing.
Governments wrestle with whether to extract more tax from the wealthy or lure them from other countries

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