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Climate Tax

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Swiss Voters Reject Multiple Tax Proposals Amid Wealth Concerns
world3 months ago

Swiss Voters Reject Multiple Tax Proposals Amid Wealth Concerns

Swiss voters rejected a proposed 50% inheritance tax on multimillionaires aimed at funding climate change initiatives, with over 78% voting against it, and also rejected a civic service proposal for all young people, reflecting skepticism towards new social and economic measures. The government opposed both initiatives due to concerns over costs and economic impact.