Critics Of Inheritance Tax Initiative To Spend Millions On Campaign
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Gegner der Juso-Erbschaftssteuerinitiative investieren Millionen
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Read more: Gegner der Juso-Erbschaftssteuerinitiative investieren Mill
This is shown by figures from the Swiss Federal Audit Office (SFAO) published on Friday. According to these figures, the initiators, the youth wing of the left-wing Social Democratic Party (Juso), have a planned expenditure of CHF400,000. Their budget is therefore nine times smaller than that of their opponents.
By publishing the campaign budgets, the authorities are implementing the transparency initiative. Budgets of more than CHF50,000 must be reported, whereby contributions to the committees of more than CHF15,000 are listed individually.
On November 30, voters and cantons will decide on the Juso inheritance tax initiative and an initiative to introduce a citizens' service for all. Comparatively little money is being spent on the referendum campaign for the latter proposal.
+ Would a Swiss inheritance tax hike lead to a billionaire exodus?
Translated from German by DeepL/ts
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