It is Swiss referendum time again this coming Sunday 8 March 2015. Some think that child allowances paid by the state to those with children should not be taxed. Currently they are taxed in the same way as any other taxable income. This vote entitled “Help Families” was launched by the Democratic Christian Party (PDC/CVP). […]
Swiss referendum: replace VAT with an eco tax – Yes or No?
The latest initiative from the Liberal Green Party is a vote that aims to replace Swiss VAT with a tax on energy. The proposal would eliminate VAT and replace the revenue with a higher tax on non-renewable energy. The tax would be applied to all non-renewable energy products at percentages related to their environmental impact. […]
Swiss choose immigration quotas over EU bilaterals
Close to half of the Swiss polled in the recent Vimentis survey would chose to introduce immigration quotas even if it meant the cancelation of European Union (EU) bilateral treaties – 45% held this view. By contrast only 41% would put preservation of the EU bilateral treaties ahead of immigration quotas. 14% were undecided on […]
Swiss democracy and xenophobia: Need for more open debate
Last week’s Le News editorial questioning whether the over use of Switzerland’s referendum system was actually undermining democracy through too much democracy received considerable reaction, much of it irate. Clearly, we had touched on a sacred cow, even if not of the Swiss Brown or Simmental variety. How dare one criticize Swiss democracy? It has […]
Switzerland’s initiatives: Too much democracy?
Взять онлайн займ на карту. The overwhelming vote on 30 November against even more limited immigration (Ecopop); an end to special tax rates for wealthy foreigners and minimal gold reserves enabled the Federal Council in Bern, which had opposed all three initiatives, to sigh with relief. What the government did not need were more obstacles […]
Surprising consensus on Ecopop’s destructively negative consequences
UBS, Switzerland’s leading bank, says that it is proving difficult to determine the precise impact anti-migration initiatives could have both on the economy and the country’s relations with the European Union. Nevertheless, the bank did not mince words by stating that not only was the 9 February vote to restrict mass immigration from the EU […]
Switzerland’s Ecopop: Environmental sustainability in wolf’s clothing
GENEVA The proposed Ecopop referendum on 30 November ostensibly claims to be an effort to limit Switzerland’s rising population and to preserve its natural resources by restricting foreign immigration to 0.2 per cent a year over three years. Backed by a bizarre mix of individual greens, socialists and right-wingers, it also seeks to appeal to […]
Millionaire exodus after tax vote?
GENEVA Next 30 November, the Swiss will vote both on a federal and cantonal basis whether their country should continue to provide special tax privileges to foreign millionaires. The arrangement allows wealthy expatriates to declare a fiscal ‘forfait’ (tax package) based on their lifestyles and not the actual amount of their fortunes. On average, their […]
Swiss environmental group, Ecopop calls for birth control boost
On 30 November, Switzerland’s voters will decide whether to pass a controversial amendment put forth by Ecopop, a group of Swiss environmentalists. The initiative calls for boosting birth control in developing countries as a way to curb immigration, which according to the group shouldn’t exceed 0.2 per cent of the Swiss population over three years. […]
Swiss referendum aims to change health insurance
Many of those in favour of the Swiss health insurance changes proposed for the 28 September 2014 referendum believe they will deliver cost savings and reduce average compulsory insurance premiums. Swiss health care costs were the second highest in the world after the US and 66 percent higher than in the UK, according to a recent analysis by the Economist Intelligence Unit. Often […]