Why the Swiss Voted Against a Wealth Tax (Again)

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Over the weekend, Switzerland rejected a proposal to introduce a wealth tax on the super-rich, targeting estates and gifts. In this video, we’re taking a look at the recent referendum and why it was rejected, again.

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Swiss Wealth Tax Referendum
https://on.ft.com/4rvnn5q
https://www.swissinfo.ch/eng/swiss-democracy/inheritance-tax-civic-duty-initiatives-headed-for-defeat-as-swiss-cast-ballots/90522356
https://www.euronews.com/2025/11/30/clear-rejection-switzerland-rejects-compulsory-service-for-women-and-tax-for-the-super-ric
https://www.economist.com/europe/2025/11/30/switzerland-votes-decisively-against-inheritance-tax
https://www.politico.eu/article/swiss-vote-against-tax-for-super-rich-and-civic-duty-for-women/
https://www.cnbc.com/2025/11/28/swiss-voters-to-decide-on-inheritance-tax-rise-for-ultra-wealthy.html

Reactions
https://www.swissinfo.ch/eng/democracy/why-dont-voters-want-to-tax-the-super-rich/90479654
https://www.reuters.com/business/swiss-billionaire-calls-higher-tax-rich-2025-12-01/

Previous JUSO Tax Proposals
https://rosalux-geneva.org/the-vote-on-the-99-initiative-and-the-progressive-forces/
https://www.rsm.global/switzerland/en/news/inheritance-tax-initiative

UBS Global Wealth Report 2025
https://www.ubs.com/global/en/wealthmanagement/insights/global-wealth-report.html

Swiss Democratic System
https://library.oapen.org/bitstream/handle/20.500.12657/46820/1/2021_Book_SwissDemocracy.pdf

00:00 – Introduction
00:47 – Context
04:08 – Swiss Wealth Tax Reform Explained
08:02 – Sponsored Content

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