ReferIndia News Swiss Rebuff: Voters Reject Inheritance Tax Proposal

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Swiss Rebuff: Voters Reject Inheritance Tax Proposal

Published on: Nov. 30, 2025, 5:32 p.m. | Source: Devdiscourse

Switzerland voted against a proposed 50% tax on inheritances over 50 million francs, aimed at funding climate change initiatives. The proposal received 79% opposition, indicating little appetite for wealth redistribution. Critics warned of potential economic consequences, such as a wealthy exodus, urging a rejection of the tax.

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