Clear rejection: Switzerland rejects compulsory service for women and tax for the super-rich
While the extension of compulsory service received less than 20 per cent support in many cantons, the debate on wealth tax centred on the attractiveness of the location and climate financing.
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00:00Swiss citizens have overwhelmingly rejected initiative that plan to tax the super rich and introduce mandatory civic service to women.
00:10In a referendum held on Sunday, neither initiative gained even a quarter of the votes needed to go ahead.
00:17Critics, including the federal government, warned that such a tax could drive wealthy families and entrepreneurs abroad, ultimately harming the Swiss economy.
00:27The initiative planned to use the tax money to fight climate change.
00:31As I have already explained last December, due to the announcement of the announcement,
00:37the federal government was the fundamental climate policy initiative.
00:43However, he has the proposed financing of climate policy in several reasons as problematic and not as goal,
00:53and encourages the citizens to leave the initiative.
00:59Supporters argue that the richest individuals have a disproportionately large carbon footprint
01:04and should contribute more to climate solutions.
01:07Oh, pleasure, Beatrice, it's really a huge...
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