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Swiss president: ‘We already have a fair tax system’

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Swiss voters have clearly rejected a political experiment by rejecting the inheritance tax initiative, says Finance Minister Karin Keller-Sutter. She emphasised that the tax system and climate policy in Switzerland were working. +Get the most important news from Switzerland in your inbox "The introduction of a national inheritance tax would have unbalanced our tax system," Keller-Sutter, who also holds the rotating Swiss presidency this year, told the media in Bern on Sunday. "This would have damaged Switzerland's attractiveness." According to Keller-Sutter, the resounding no to the referendum was a commitment to Switzerland as a business location. However, the vote does not mean a rejection of climate policy, she said. It is just that the initiators' concerns have already been fulfilled. After all, Switzerland invests around CHF2 billion ($2.5 billion) a year in climate protection, she said. Keller-Sutter also believed that the tax system did not need to be fundamentally changed. Full story here Are you the author?
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SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
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