{
Ernst Stocker

People

}
Zurich"s financial policy faces scrutiny amid signs of economic decline
The canton of Zurich, once a financial powerhouse, is now seen as overly reliant on its past reputation, with an unambitious financial policy that signals potential decline. Ernst Stocker, the Zurich finance director and former farmer, emphasizes the need for a more proactive approach to sustain its economic status.
Neue Zürcher Zeitung
Apple Inc. CHE Ernst Stocker
Finance & Economy, News Article
06:00 19.11.2024
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.
Tages-Anzeiger
Swiss Franc Avenir Suisse CHE Ernst Stocker Judith Stofer Mario Senn Donato Scognamiglio Show more
Finance & Economy, News Article
18:32 04.11.2024
Zurich Canton Council approves corporate tax cut amid city opposition
The Zurich Cantonal Council has approved a reduction in the corporate tax rate from 7% to 6%, despite opposition from major cities like Zurich and Winterthur, which fear significant revenue losses. A referendum is expected on May 18, 2025, as the left plans to challenge the decision, citing potential austerity measures and questioning the long-term economic benefits. The canton anticipates a CHF 70 million loss in the first year, while proponents argue that a more favorable tax climate will attract more companies over time.
Tages-Anzeiger
Swiss Franc SVphoto Sàrl evpass AG Al Ali sp advisory AG FDP Immo AG CHE Harry Brandenberger Patrick Walder Gianna Berger Jasmin Pokerschnig Ernst Stocker Show more
Finance & Economy, News Article
09:54 04.11.2024
cantons face financial challenges with half expecting deficits by 2025
Half of the cantons anticipate budget deficits by 2025, with Vaud facing the largest shortfall of 303 million francs. While many are implementing cost-cutting measures, some cantons like Zug expect revenue growth due to population increases. Canton Bern, however, reports a surplus and plans to reduce personal income tax.
TicinoNews
Swiss Franc Swiss National Bank CHE Ernst Stocker Eernst Sticker
TradFi, Market Report
16:40 13.10.2024
cantons face budget deficits and implement savings measures for 2025
Half of the cantons anticipate budget deficits by 2025, with Vaud facing the largest shortfall of 303 million francs. While some cantons, like Zug and Bern, project revenue increases and surpluses, others are implementing significant cost-cutting measures to address financial challenges. The Swiss National Bank's uncertain profit distribution further complicates the fiscal landscape.
Corriere del Ticino
Swiss Franc Swiss National Bank CHE Ernst Stocker
TradFi, Market Report
11:27 13.10.2024
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