December 3, 2025|
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|1 day agoSwiss Voters Reject 'Super-Rich' Climate Tax and Compulsory Civic Duty
In a recent national referendum, Swiss voters decisively rejected proposals for a new inheritance tax on estates over CHF 50 million to fund climate action, and a plan to replace male-only military conscription with a compulsory civic duty for all citizens.
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Generated IllustrationKey Takeaways
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- Swiss voters rejected the Civic Duty initiative by 84 percent.
- The Inheritance Tax initiative was rejected by 78 percent of voters.
- Voter turnout for the referendum was approximately 43 percent.
- The inheritance tax proposal aimed to levy a 50 percent tax on fortunes above CHF 50 million.
- The proposed inheritance tax was estimated to generate CHF 6 billion annually.
By The Numbers
84%
Rejection rate
78%
Rejection rate
CHF 50 million
Tax threshold
2,500
Households affected
They Said
"The idea of a civic duty is not dead with today's vote. It will continue and I think it will win out in coming decades."
"This would have been a bad signal to wealthy people wanting to come to Switzerland and settle down in Switzerland."