Swiss Voters Reject Inheritance Tax on the Super Rich
Swiss voters have just spoken, and the message is clear: they’ve rejected a proposed tax on the super-rich. It’s a decision that’s sparked a lot of discussion, and honestly, the reaction feels pretty typical for a country like Switzerland. This specific proposal aimed to levy a 50% tax on inheritances exceeding 50 million Swiss francs (roughly $62 million).
Now, the main argument against this tax, the one that seems to have resonated with a majority of voters, centers around the potential for capital flight. The worry is that these wealthy individuals, faced with a hefty inheritance tax, would simply pack up and move their assets elsewhere, taking their tax revenue with them.… Continue reading
Matt Underwood 
John Q. Hosedrinker