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The Canton of Schwyz, lowers taxes

The financial budget of the Canton of Schwyz presented. Therefore, the taxes can be lowered in the view of the government and the Parliament majority. Not they were United, however, about the extent of the tax base reduction.

In the debate on the Budget of 2019, the government requested a reduction in the tax base from 170 to 165 percent.

tax rate reduction of 10 percentage points

The preliminary advice to the state economic Commission (Stawiko) demanded, however, a further reduction of 10 percentage points to 160 percent. With a 71-to-21 vote of member of the Parliament followed this request. For the SVP, FDP and CVP agreed to.

A request of the SP to leave the Tax rate at 170 per cent, failed 15 to 75 votes. The estimate 2019, the cantonal Parliament approved, finally, with a 77-to-15 vote.

Minus of 13 million Swiss francs

The Schwyzer 1.5-billion budget, expects a decline of around 13 million Swiss francs. In the case of a higher Tax rate of 165% would have resulted in the estimate of 2019, the income surplus of a few million.

Well, the prospects for the bill in 2018. This could conclude with a Surplus of 60 to 80 million. Were budgeted only 12.8 million.

The Schwyzer household has recovered significantly in recent years. Since 2015, Schwyz writes back in the black. The reasons for the improved financial position of the tax act, partial revision in 2015, the tax increases foot, an increase of the Tax base as well as a savings program. (aqie/sda)

Created: 12.12.2018, 13:41 PM

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