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swiss government faces backlash over controversial savings package and tax changes
Switzerland's federal government is proposing a €4 billion savings package, which includes the controversial end of a popular tax optimization method affecting private pension provisions. The plan, overseen by Finance Minister Karin Keller-Sutter, faces criticism from centre-right parties, who argue it undermines retirement planning for small and medium-sized enterprises. As the package heads to parliament, it is likely to be dissected into individual proposals rather than passed as a whole.
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