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Redistribution yes, but how? The proponents and opponents of the OECD minimum tax proposal, which will be presented to the public on June 18, are arguing about it. About 140 member countries of the Organization for Economic Co-operation and Development (OECD) have agreed on a minimum tax of 15 percent for large, international companies. This should flush up to 2.5 billion annually into the coffers of the federal government and the cantons.
The only question that remains is what to do with the extra kibble. The June 18 proposal stipulates that 75 percent of the additional revenue will go to the cantons, while the federal government will receive only 25 percent. Because the cantons are very concerned about their respective locations, the Nee camp – consisting of SP and Greens – fears that the money will flow directly back to tax benefits for companies. The left demands that more money directly benefit the population and therefore rejects the bill.
But the left can struggle. According to a representative survey by GFS.Bern on behalf of SRG, 84 percent of the population voted yes at the beginning of May. With the SVP, FDP, Mitte and GLP, the majority of parties are in favor of acceptance. Above all, the parties fear that companies will migrate abroad. Only 12 percent of respondents would have rejected the bill in May.
On Wednesday at 6 p.m., David Roth (SP, LU) and Heinz Tännler (SVP, ZG) will duel on Blick.ch. You decide who has the better arguments and who wins an ad.
Source:Blick

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.