SP reform platform rejects Juso inheritance tax initiative

Published: Saturday, Nov 2nd 2024, 09:40

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The reform platform of the SP Switzerland rejects the popular initiative for a national inheritance tax submitted by the Young Socialists. This was decided by the reform wing of the SP at a general meeting in Zurich on Friday.

The Young Socialists' initiative was unanimously rejected, according to a statement issued by the reform platform on Saturday. The popular initiative, which was submitted in Bern in February with 140,000 signatures, is "poorly conceived" and "harmful to Switzerland as a business location".

The reform platform also elected a new president, Daniel Jositsch, SP member of the Council of States from Zurich. He succeeds the Mayor of Biel/Bienne, Erich Fehr.

The aim of the Juso inheritance tax initiative is for the very richest in Switzerland to help restructure the economy ecologically with an inheritance and gift tax. Its official title is "For a social climate policy - fairly financed through taxation (Initiative for a future)". The petition for a referendum is supported by the SP and the Greens. The SP Co-Presidency is part of the committee.

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