Initiative is established: Juso wants the super-rich to inherit

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Half of the assets must go to the state. The Juso ‘Initiative for a Future’ wants an inheritance tax of 50 percent on assets above 50 million francs.

A demand that is well received. The collection deadline for the people’s initiative ends in February. As Juso President Nicola Siegrist (27) announced to the Tamedia newspapers, more than 130,000 signatures have already been collected – so the referendum is likely to happen. According to Sigrist, they want to submit the signatures in February.

The initiative stipulates that the additional tax revenue will be used to combat the climate crisis. There are no exact figures on how many people would be affected by the climate tax. De Juso assumes that there are 2,000 super-rich people and an annual income of about six billion francs. According to the text of the initiative, two-thirds of the revenues should go to the federal government and one-third to the cantons.

In 2015, Switzerland said no to higher inheritance taxes

De Juso argues that those who have benefited most from the climate crisis should pay for it. According to our own calculations, the investments of the ten richest families in Switzerland would produce the same amount of CO2₂-Emissions are caused by 92 percent of Swiss society.

Higher taxes for the super rich?

Legacies grow

A blessing to do nothing

Juso with a new initiative

Rich heirs must give half!

Replica of the Juso President

Who pays for the climate crisis?

The demand for higher inheritance taxes for the wealthy is not new. In 2015, Switzerland voted on an initiative that had a similar scope to the Juso initiative, but went much less far. It provided for an inheritance tax of 20 percent on assets of more than two million francs, the money of which went to the AHV. The initiative was rejected with 71 percent of the votes against. (lha)

Source:Blick

Livingstone

I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I’m passionate about. I have worked in this field for more than 5 years now and it’s been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.