June 17, 2025|
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|6 months agoSwiss Parliament Rejects Million-Franc Climate Inheritance Tax
Initiative to tax inheritances over CHF50 million for climate protection faces parliamentary opposition, raising debates about wealth taxation and environmental funding.
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Generated IllustrationKey Takeaways
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- Swiss Parliament rejected initiative to tax inheritances over CHF50 million for climate protection
- The Senate voted against the initiative with 36 votes to seven with one abstention
- Initiative proposed by Juso, youth wing of Social Democratic Party
- Proposed tax rate was 50% on estates over CHF50 million
By The Numbers
50
Percentage of proposed inheritance tax
50000000
Minimum inheritance amount in CHF for tax application
36-7-1
Senate voting result (for-against-abstention)
They Said
"The initiative will therefore be put to the ballot box without a counter-proposal"