The Home Run 3:00pm - 6:00pm

Listen Live

Search

Financial tax idea to fund pensions

Monday, 25 March 2024 06:30

The Centre Party is proposing to tax financial transactions to pay for the 13th month pension payment.

They say it will be more targeted than a rise in VAT and won’t affect private individuals. It will only affect companies that make a lot of transactions.

The party’s president, Gerhard Pfister, says the implementation of the 13th month will not be painless and it’s delusional that it could be paid for by saving elsewhere. 

He also says the 13th month will also have to be paid to those on a disability pension otherwise it will be discriminatory. 

 

 

Share

More from Bitesize News

  • Geneva could foot the G7 bill

    Geneva fears it will be left with the security bill from a G7 summit just across the border in Évian, according to 24 heures.

  • US NGO discovers Swiss child abuse cases

    Switzerland relies too heavily on an American NGO to detect child sexual abuse online, raising questions about the country's ability to protect children on its own.

  • French singer banned by Paleo

    The Paléo Festival in Nyon says it will no longer invite French singer Patrick Bruel, after a former volunteer accused him of inappropriate behaviour.

  • Cars going uninspected

    The cantons are struggling to keep up with mandatory vehicle inspections, leaving more than 550,000 checks overdue nationwide.

  • War may lead to rent rises

    Rents may rise again, says the bank Raiffeisen.

  • Not a heatwave, yet

    Summer has arrived, with temperatures climbing past 30 over the long weekend. Basel reached 31 and Sion hit 32.4, but MeteoSwiss, says this does not yet count as an official heatwave.

Follow WRS

Download our app

  • Available on the App Store
  • Available on Google Play