Swiss reject half inheritance tax
8m
Swiss voters rejected a proposal to impose a 50% inheritance tax on the wealthy in a nationwide referendum on Sunday, with about 78 percent voting against.
by Andrew Watt
on.ft.com/4pJGoQ4
We will not be able to introduce meaningful taxation of large fortunes, even if it is in the interest of the vast majority of voters, unless there is international cooperation. The risk of the tax base walking away is otherwise too great, and voters know this.
1/2
We will not be able to introduce meaningful taxation of large fortunes, even if it is in the interest of the vast majority of voters, unless there is international cooperation. The risk of the tax base walking away is otherwise too great, and voters know this.
1/2
Swiss voters reject 50% inheritance tax for super-rich
Overwhelming majority opposed wealth tax in contentious referendum
on.ft.com
December 1, 2025 at 7:46 AM
on.ft.com/4pJGoQ4
We will not be able to introduce meaningful taxation of large fortunes, even if it is in the interest of the vast majority of voters, unless there is international cooperation. The risk of the tax base walking away is otherwise too great, and voters know this.
1/2
We will not be able to introduce meaningful taxation of large fortunes, even if it is in the interest of the vast majority of voters, unless there is international cooperation. The risk of the tax base walking away is otherwise too great, and voters know this.
1/2
by Ben H. Ansell Reposted by Will Jennings, Federica Genovese
On wealth taxes and whether the Budget was a missed opportunity, the recent referendum failure in Switzerland on a tax that only the very wealthy would pay shows that what might seem on the face of it very popular turns out not always to be so.
www.ft.com/content/f03f...
www.ft.com/content/f03f...
Swiss voters reject 50% inheritance tax for the super-rich
Overwhelming majority opposed wealth tax in contentious referendum
www.ft.com
November 30, 2025 at 8:59 PM
On wealth taxes and whether the Budget was a missed opportunity, the recent referendum failure in Switzerland on a tax that only the very wealthy would pay shows that what might seem on the face of it very popular turns out not always to be so.
www.ft.com/content/f03f...
www.ft.com/content/f03f...
by Federica Genovese Reposted by Jussi T. Eronen
not to forget that revenue from this tax would have been earmarked for climate-related spending.
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
On wealth taxes and whether the Budget was a missed opportunity, the recent referendum failure in Switzerland on a tax that only the very wealthy would pay shows that what might seem on the face of it very popular turns out not always to be so.
www.ft.com/content/f03f...
www.ft.com/content/f03f...
Swiss voters reject 50% inheritance tax for the super-rich
Overwhelming majority opposed wealth tax in contentious referendum
www.ft.com
December 1, 2025 at 9:10 AM
not to forget that revenue from this tax would have been earmarked for climate-related spending.
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
The initiative wasn't really about climate change but about introducing an extremely high inheritance tax on the ultra rich.
That aside, of course Switzerland could do more against climate change
That aside, of course Switzerland could do more against climate change
December 1, 2025 at 7:55 AM
The initiative wasn't really about climate change but about introducing an extremely high inheritance tax on the ultra rich.
That aside, of course Switzerland could do more against climate change
That aside, of course Switzerland could do more against climate change
Ab 50.000.001 Franken sollte die Steuer in der Schweiz greifen, gegen die wohl eine sehr deutliche Mehrheit gestimmt hat. Das mittlere Vermögen (Median!) liegt bei 150.000. Da ist noch viel Aufklärung und Ideologiekritik nötig.
November 30, 2025 at 9:21 PM
Ab 50.000.001 Franken sollte die Steuer in der Schweiz greifen, gegen die wohl eine sehr deutliche Mehrheit gestimmt hat. Das mittlere Vermögen (Median!) liegt bei 150.000. Da ist noch viel Aufklärung und Ideologiekritik nötig.
The government opposed it and I'm sure the wealthy in Switzerland were able to campaign effectively through the media and otherwise... but at the end of the day the proposal commanded less than 20% support.
November 30, 2025 at 9:04 PM
The government opposed it and I'm sure the wealthy in Switzerland were able to campaign effectively through the media and otherwise... but at the end of the day the proposal commanded less than 20% support.
Reposted by Henrik Skaug Sætra, Joanna Bryson
Switzerland fails to lead the world in getting real.
Switzerland: Voters reject climate tax in referendum
More than 78% of Swiss voters opposed the introduction of a new inheritance tax on multimillionaires, the proceeds of which would have been directed toward "socially just measures to […]
Switzerland: Voters reject climate tax in referendum
More than 78% of Swiss voters opposed the introduction of a new inheritance tax on multimillionaires, the proceeds of which would have been directed toward "socially just measures to […]
Original post on mastodon.social
mastodon.social
November 30, 2025 at 8:20 PM
Switzerland fails to lead the world in getting real.
Switzerland: Voters reject climate tax in referendum
More than 78% of Swiss voters opposed the introduction of a new inheritance tax on multimillionaires, the proceeds of which would have been directed toward "socially just measures to […]
Switzerland: Voters reject climate tax in referendum
More than 78% of Swiss voters opposed the introduction of a new inheritance tax on multimillionaires, the proceeds of which would have been directed toward "socially just measures to […]
Very interesting..
not to forget that revenue from this tax would have been earmarked for climate-related spending.
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
young socialists proposing to finance climate policy through redistribution from super wealthy? in Switzerland?! 🙅🙅🙅
On wealth taxes and whether the Budget was a missed opportunity, the recent referendum failure in Switzerland on a tax that only the very wealthy would pay shows that what might seem on the face of it very popular turns out not always to be so.
www.ft.com/content/f03f...
www.ft.com/content/f03f...
December 1, 2025 at 9:13 AM
Very interesting..