Swiss President: 'We Already Have A Fair Tax System'

2025-12-01 04:06:20

(MENAFN- Swissinfo) 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. This content was published on December 1, 2025 - 08:57 2 minutes Keystone-SDA

Deutsch de Keller-Sutter:“Wir haben bereits ein faires Steuersystem” Original Read more: Keller-Sutter:“Wir haben bereits ein faires Steuersy

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“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.
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This content was published on Nov 30, 2025 The idea of clamping down on the rich often enjoys large public support. In practice, it rarely succeeds – even when citizens can vote directly on it. Why not?
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