Swiss to vote on basic income benefit

[*michaelsean*]

(05-06-2016, 10:47 AM)SunsetBengal Wrote: When I looked up their taxation rate, it begins at 31%, and tops out at 56%.  Seems kind of high to me.  This proposal would dramatically reduce tax revenue generated, by making the first $2600/mo., for an adult tax free income.  I wonder how long it would take the Swiss government to go from balanced/surplus budget, to fall into a deficit?

It's not making the first $2600 per adult tax free, it's giving every adult $2600 tax free every month.