Swiss voters reject tax of up to 50% on large donations or inheritances, fearing exodus of wealthy instead of fighting climate change | Fortune
Briefly

Swiss voters reject tax of up to 50% on large donations or inheritances, fearing exodus of wealthy instead of fighting climate change | Fortune
"Swiss voters on Sunday decisively rejected a call to require women to do national service in the military, civil protection teams or other forms, as men must do already. In a referendum, over 84% of voters rejected the "citizen service initiative" and none of the country's 26 cantons, or states, came anywhere near voting in favor. Proposals need a majority of both voters and cantons to pass."
"A separate proposal to impose a new national tax on individual donations or inheritances of more than 50 million francs ($62 million) was shot down by more than 78% of voters. The revenues were to be used to fight the impact of climate change and help Switzerland meet its ambitions to have net-zero greenhouse gas emissions by 2050. Supporters of the national service plan hoped that it would boost social cohesion by adding jobs in areas like environmental prevention, food security and elderly care."
Swiss voters decisively rejected a proposal to require women to perform national service, with over 84% voting against and no canton supporting the measure. A separate proposal to tax individual donations or inheritances above 50 million francs was rejected by more than 78% of voters; revenues were intended for climate change mitigation and achieving net-zero greenhouse gas emissions by 2050. Supporters argued mandatory citizen service would boost social cohesion and create jobs in environmental prevention, food security and elderly care. Lawmakers opposed the measure citing cost concerns and potential economic harm from removing young people from the workforce.
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