Economy & Society
Clear rejection of the Juso initiative, next left-wing tax hammer in sight
30.11.2025
AI-translated. Some sections may contain inaccuracies.
At a glance
- The radical Juso inheritance tax was very clearly rejected at the ballot box today. economiesuisse is delighted with the clear no vote.
- The Swiss electorate is thus backing family businesses and the economy.
- The next left-wing tax hammer will already be put to the vote on March 8, 2026: the economy clearly rejects the excessive climate fund initiative.
With a broad-based and committed No campaign, economiesuisse drew attention nationwide to the damaging consequences of the radical Juso inheritance tax initiative. Because it would have hit the core of our economy: Traditionally run family businesses and with them many SME suppliers. Numerous entrepreneurs have spoken out against the proposal as part of an entrepreneurs' committee and made it clear what concrete consequences its adoption would have had for their businesses. From small businesses to international family-run companies, across all regions, they have shown what contribution they make to Switzerland as a business location, to the training of apprentices, to innovation and to climate protection.
Voters have recognized the consequences for Switzerland as a business location
The voters have undoubtedly recognized the serious consequences of this initiative. The threat of forced sales of companies and the resulting weakening of the business location have convinced voters from all political camps. With today's decision, it is clear that an inheritance tax at federal level will not be supported by the people.
Climate fund initiative: another tax hammer comes to the ballot box
Despite the clear rejection of the Juso initiative, the next tax hammer is already on the horizon: The climate fund initiative will be put to the ballot box on March 8, 2026. The initiative calls for 0.5 to 1 percent of Switzerland's gross domestic product to flow into a climate fund each year. For the year 2030, this corresponds to an amount of up to CHF 9.6 billion. The economic damage of this initiative would therefore even exceed the Juso initiative. Savings in other important areas and massive tax increases for the population would be the inevitable consequences. The climate fund initiative is irresponsible, which is why economiesuisse will campaign resolutely against it.
Population does not want compulsory civil service
Economiesuisse is also pleased about the rejection of the service-citizen initiative. The No vote prevents a further worsening of the shortage of skilled workers. This is because twice as many people would have been withdrawn from the labor market each year as today. There would also be no additional costs for income replacement or administration. The population has thus prevented an experiment that would have unnecessarily weakened our country's security and economy.
