Swiss Review 6/2022

Controversial proposals mobilise voters The votes of 25 September saw the highest voter turnout in 2022, as more than half of the electorate – around 51 per cent – headed to the polls. Three of the four votes went the way of the Federal Council and parliament. OASI pension age for women now 65 Women will now receive their OASI state pensions one year later than before – at 65 instead of 64. A narrow majority of 50.5 per cent approved the change, with a margin of around 30,000 voters. The result reveals a divided country: French- and Italian-speaking Switzerland rejected the proposal while most German-speaking cantons favoured it. Emphatic approval also came from the “Fifth Switzerland”. (TP) No change to animal farming rules The popular initiative to end factory farming failed, with almost 63 per cent saying no. There will, therefore, be no change to animal farming rules. The authors of the initiative wanted to ban intensive, large-scale livestock farming. Opponents said the proposal was unnecessary, as Switzerland already has a stringent Animal Welfare Act. The “Fifth Switzerland” also rejected the initiative. (TP) VAT rises to fund OASI Swiss value-added tax on services and products is to increase by 0.4 per cent to 8.1 per cent. VAT on food, medicine, newspapers and books will climb from 2.5 to 2.6 per cent. In the hospitality industry VAT will increase from 3.7 to 3.8 per cent. The additional revenue from these increases will help to fund the old-age and survivors’ insurance (OASI) state pension. A clear majority of voters, 55 per cent, approved the proposal. (TP) 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 67.3% 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 49.8% Percentage of Yes votes for the factory farming initiative Percentage of Yes votes for AHV supplementary financing 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 61.3% Swiss Abroad Swiss Abroad Percentage of Yes votes for AHV 21 reform vote 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 55.0% No tax breaks for companies Withholding tax on interest income from Swiss bonds will not be abolished, after 52 per cent of voters rejected a change in the law. The left-wing parties successfully contested the proposal, which would have resulted in an annual tax shortfall of several hundred million francs. The Swiss Abroad were in favour – but ultimately in the minority. (TP) Swiss Abroad Swiss Abroad Percentage of Yes votes for the withholding tax law Swiss Review / December 2022 / No.6 15 Politics

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