Geneva passes tax cut

The Geneva Grand Council has passed a tax cut which could be as much as over 11% for middle earners.

The cut will cost the canton CHF 326m and CHF 108m for the communes. 

The cut was backed by right-wing parties, those on the left were more critical – denouncing the cut as being highly beneficial to the wealthiest. 

Even so, the cut will be subject to a popular vote to be held later in the year. 

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