Swiss, against inheritance tax - Polls: 68% of the electorate do not support the initiative
According to a new poll, a majority of Swiss voters at home and abroad are expected to reject initiatives on civic duty and inheritance tax in the November 30th ballot.
The left-wing Social Democratic Party's youth forum could suffer a heavy defeat in a national vote that proposes imposing an inheritance tax on the super-rich and using the proceeds to fight the climate crisis.
According to the second survey conducted by the research institute gfs.bern on behalf of the Swiss Broadcasting Corporation, the inheritance tax initiative, which was facing difficulties in the first survey, has lost even more ground.
With just over ten days until the decisive vote, 68% of the electorate is against the initiative. Opponents have gained six percentage points in a month. Those who support the initiative now make up just 30% of the electorate, while 2% remain undecided.
The proposal also finds little support among Swiss abroad, although they tend to vote more often in favor of environmental measures than Swiss at home. In total, 64% of them are against the plan, 33% support it and 3% are undecided.
The text of the initiative proposes the introduction of a 50% tax on inheritances or gifts of more than 50 million francs to descendants. The tax would only apply to the amount exceeding 50 million. The proceeds would be used to combat climate change.
However, the poll shows that this idea does not convince anyone outside the ranks of the Social Democrats and the Green Party. More than two-thirds of the electorate fear that people who inherit a business will not have enough cash to pay the tax and will be forced to sell it. A portion of voters doubt the effectiveness of this tax, believing that the rich can easily avoid it simply by leaving Switzerland.
However, the majority of those surveyed continue to believe that the super-rich should contribute more to climate protection, as they are responsible for the bulk of greenhouse gas emissions.
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