Swiss voters reject new tax on the ultra-rich

Nov 30, 2025, 1:00 AM20

(Update: Dec 2, 2025, 1:00 AM)

Switzerland

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Swiss voters reject new tax on the ultra-rich

In a referendum, Swiss voters rejected a national tax on large donations or inheritances over 50 million francs.
The tax was intended to fund climate change initiatives and potentially benefit the economy.
The decision reflects concerns about the economic implications and the potential exodus of wealthy individuals from Switzerland.

Switzerland

country in Central Europe

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