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Swiss vote: taxing the rich to save the planet?

Should Inheritance Be Taxed to Fight Climate Change? 💰🌍

A new initiative in Switzerland proposes a 50% inheritance tax on fortunes over CHF 50million, aiming to fund the country’s green transition and tackle the climate crisis.⁠

Supporters say it’s about climate justice, arguing that the wealthiest individuals, with their larger carbon footprints, should contribute more to sustainable solutions. The tax could generate billions for climate action.⁠

But critics, including the Swiss federal government, warn it could push entrepreneurs and capital abroad, risking a loss in jobs and tax revenue.⁠

What are your thoughts?

#InheritanceTax #ClimateJustice #SwissPolitics #TaxTheRich #GreenTransition #Sustainability #SwissNews #ClimateAction #WealthTax #DirectDemocracy #EconomicPolicy #SocialJustice #Taxation #FinanceNews #ClimateCrisis #SwissEconomy

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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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