Potential Tax Policy Impact - Swiss voters are likely to reject a proposed inheritance tax targeting the super-rich [1] - Concerns exist that wealthy individuals might leave Switzerland due to the new tax [1] Economic Implications - The rejection of the tax could prevent a potential outflow of wealthy individuals from the country [1]

“We already have taxes on wealthy people; I don’t think we need a standalone wealth tax.”Speaking to @lizzzburden ahead of her speech at Labour's annual conference, Chancellor of the Exchequer Rachel Reeves ruled out a UK wealth tax, citing capital gains tax and inheritance tax. https://t.co/bE3EaurRpk ...