US EditionSwitzerland’s higher state pensions to be financed with VAT increase
3 Articles
3 Articles
VAT is to be increased by 0.7 percentage points and the increase is to be limited by 2030.
The defeat in the fight against the 13th AHV pension was obviously not digested by many journalists even a year after the vote. The Tamedia newspapers wrote this spring of a «rising AHV deficit», although the AHV writes solid profits. A few weeks before that, «NZZ» editor-in-chief Eric Gujer had insulted the Swiss as «state consumers». And an «NZZ» economic editor had suggested that immigration fostered egoism. Polemics had started long before t…
Switzerland’s higher state pensions to be financed with VAT increase
In March 2024 Swiss voters approved, by 58%, a plan to grant pensioners a 13th monthly payment. That set off a quarrel over how to fund it. This week the National Council’s social-security committee backed a scheme to finance the extra benefit solely through a 0.7 percentage point rise in value-added tax, reported SRF. The […]
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