The political scientist explained the support of the majority of Swiss for the local rich

Political scientist Eremina: the idea of introducing a tax on the rich is popular in Europe

Thu, 12/04/2025 - 02:09

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The problem of taxes on the super-rich has become relevant in the European domestic political agenda, Natalia Eremina, a professor at St. Petersburg State University, told Izvestia.

State turn: Switzerland calls for a change of course towards the Russian Federation

A change of policy is dictated by the country's future OSCE chairmanship.

"This issue is becoming relevant in the political agenda and economic life. In fact, it leads to an exodus of people with large capital, and does not solve the problem of social and economic imbalances," the political scientist believes.

According to her, for a long time Switzerland had a fairly balanced system that allowed solving many social issues.

"There are quite high taxes and a significant tax burden on large entrepreneurs, owners of large assets, and so on. But the situation has changed, new tasks and threats have arisen, the migration burden has increased, and following this, the tasks regarding social funds have increased," the specialist is sure.

Such taxes can lead to a loss of domestic investment, the expert believes.

"After all, paying even half of the asset's value can lead to the undermining of the company itself, because the money will have to be taken from the property, then there will be no money for investments," the analyst believes.

According to her, the Swiss do not have to wait for funds from abroad.

"Switzerland has lost its status as a "safe haven", its attractiveness has decreased due to the history of the disclosure of these assets of Russian holders, the Chinese are also very skeptical about Switzerland in this context," the analyst concluded.

Earlier, Switzerland voted against the introduction of a 50% inheritance tax for the super-rich after wealthy citizens threatened to leave the country. According to the plan of the authorities, the tax was to be levied on all assets exceeding 50 million francs ($ 62 million), which are inherited or donated. At the same time, some rich people have already left the country.