Juso: Signatures gathered for “Initiative for a future”
Published: Wednesday, Dec 27th 2023, 08:10
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The Swiss Young Socialists say they have collected the signatures for the "Initiative for a Future". This calls for an inheritance tax of 50 percent from a tax-free amount of CHF 50 million in favor of an ecological restructuring of the economy.
The Swiss electorate will be able to vote on socially just financing of climate protection, according to a press release issued by the Young Socialists (Juso) Switzerland on Wednesday. The young party plans to submit its initiative at the beginning of February 2024 - it has already collected over 130,000 signatures.
According to the Juso, the tax with a rate of 50 percent would raise around six billion Swiss francs per year, which would be used by the federal government and the cantons for socially just climate protection measures. For example, energy-efficient building renovations, retraining programs for employees in "climate-damaging" industries or a massive expansion of public transport would be financed.
"The richest must finally be held accountable for the climate crisis", Juso President Nicola Siegrist is quoted as saying. Studies show that "the richest people contribute enormously to climate destruction" with their climate-damaging investments and consumer behavior.
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