a day ago
Swiss to Vote on 50% Inheritance Tax for Super-Rich in November
Swiss voters will decide in November if the country should inflict a large inheritance tax on the estates of very rich people.
The Young Socialists are pushing for a plan to let the state take half of all assets above 50 million francs ($63 million) passed on after death. A group known as Juso collected 100,000 signatures in favor of the proposal, which aims to use the proceeds to fund measures combating climate change.