{ }
001122334455554433221100
001122334455554433221100

Zurich council approves tax cuts amid heated political debate and referendum plans

The Zurich cantonal council has approved a tax cut proposal aimed at addressing "warm progression," a term introduced to describe tax increases due to wage growth rather than inflation. The left-wing parties have announced a referendum against the motion, citing concerns over significant tax losses estimated at nearly CHF 500 million annually. The proposal, backed by the conservative majority, has sparked heated debate over its implications for tax equity and state revenue.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.