Swiss voters opt for prudence, turn down gender-based service and wealth tax due to concerns about economic impact
- Swiss voters rejected two major policy initiatives, opposing compulsory female civil service (84.2%) and a 50% tax on large inheritances (78%). - Critics highlighted economic risks, gender equity concerns, and fears of wealth flight, prioritizing stability over redistribution or expanded civic duties. - The government warned of labor shortages and exodus of high-net-worth individuals, reinforcing cautious governance over radical reforms. - Rejection reflects Swiss tradition of direct democracy and fragme
Swiss Voters Overwhelmingly Reject Mandatory Civil Service for Women and Large Inheritance Tax
In a decisive outcome on Sunday, Swiss citizens voted against two major proposals that aimed to alter the country's civic and fiscal landscape. More than 84% opposed making civil service compulsory for women, while 78% voted down a plan to impose a significant tax on large inheritances and donations. These results highlight a preference for maintaining the current approach to civic duties and wealth management, with critics of the measures expressing concerns about economic stability and gender fairness.
Mandatory National Service for Women Fails to Gain Support
The initiative to require all Swiss citizens, including women, to participate in national service—whether through military, civil protection, or alternative roles—was firmly rejected, with 84.2% voting against it. While supporters believed such a policy could foster unity and help the country respond to challenges like climate change and energy shortages, government officials and lawmakers argued that the existing system already meets national needs. They also pointed out that extending compulsory service to women could place additional strain on those already balancing unpaid domestic work.
Inheritance Tax Proposal Also Defeated
A separate proposal to introduce a 50% tax on inheritances or donations exceeding 50 million Swiss francs (approximately $62 million) was similarly turned down by 78% of voters. Proponents saw the tax as a way to finance climate initiatives and help Switzerland achieve its net-zero emissions objectives. However, the government cautioned that such a tax could prompt wealthy individuals—estimated at around 2,500—to leave the country, potentially harming the economy. Skeptics also doubted the feasibility of the plan, noting its departure from Switzerland’s tradition of voluntary wealth redistribution.
Reflecting National Priorities and Direct Democracy
The rejection of both measures underscores the Swiss public’s cautious stance on sweeping reforms. While advocates stressed the importance of gender equality and urgent climate action, opponents emphasized the need for economic stability. The proposal for mandatory service, for example, raised concerns about potential labor shortages in sectors dependent on young workers. The inheritance tax, meanwhile, was viewed as a controversial step in a nation that values neutrality and the preservation of wealth.
Notably, no region in Switzerland supported either initiative, illustrating the difficulty of passing major reforms in a country with a strong tradition of direct democracy and political diversity. The government’s preference for gradual change over radical shifts resonated with voters who are wary of disrupting established practices.
Future Prospects and Ongoing Debates
Although these proposals were defeated, their core issues are likely to remain topics of discussion. Advocates for expanding national service, such as Noémie Roten, acknowledged the outcome but called for continued dialogue, suggesting future efforts might focus on voluntary participation. Similarly, those pushing for climate action may need to explore alternative funding strategies that do not risk driving away the country’s wealthiest residents.
Ultimately, the results reflect Switzerland’s careful balancing act between progressive aspirations and practical considerations. As international momentum builds for social responsibility and environmental action, Swiss voters have signaled a preference for gradual evolution rather than sweeping change. For now, the existing systems remain in place, with national service limited to men and no new taxes on large fortunes—demonstrating the electorate’s inclination toward stability and measured governance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed's Leadership Ambiguity and Divergent Policy Views Fuel Market Fluctuations Ahead of December Meeting
- U.S. Federal Reserve faces speculation over Chair Powell's future amid mixed signals and internal divisions on rate cuts. - Market expectations for a December rate cut surged to 84.7% as officials like John Williams shifted toward easing, while dissenters like Stephen Miran face criticism. - Trump's reported plan to nominate Kevin Hassett as next Fed chair risks politicizing monetary policy, with Treasury yields dipping below 4% on speculation. - OPEC+ supply pauses and political pressures complicate the

XRP News Today: Clearer Regulations Propel XRP ETFs to $628M as the Asset Earns Greater Legitimacy
- Canary Capital's XRPC ETF dominates XRP ETF market with $250M inflows, outpacing all competitors combined. - Grayscale's GXRP and Franklin Templeton's XRPZ drove $164M debut inflows, boosting total XRP ETF AUM to $628M. - 2025 SEC ruling cleared XRP's secondary sales as non-securities, enabling institutional adoption and $2.19 price rebound. - XRPC's 0.2% fee waiver and institutional focus fueled $6B+ ETF trading volumes, reversing prior outflows. - Analysts project $6.7B XRP ETF growth within 12 months

Bitcoin Updates: Anxiety Sweeps Crypto Market, Yet ETFs Ignite Optimism for Recovery
- Crypto Fear & Greed Index hits 20, signaling extreme fear as BTC/altcoins face renewed volatility amid Tether's "weak" stablecoin downgrade. - Tether CEO defends USDt stability with $215B Q3 assets, while Bitcoin-focused firms adopt defensive stances against mNAV risks. - Altcoin Season Index at 25/100 shows modest rebound, with Zcash surging 1,000% and Grayscale filing first U.S. Zcash ETF. - Upcoming spot altcoin ETF launches and potential Fed rate cuts (80% priced) spark optimism despite fragile on-ch

The Impact of Artificial Intelligence on Transforming Business Efficiency and Entrepreneurial Expansion
- AI-driven tools are becoming essential for SMEs and startups to enhance productivity and operational efficiency amid competitive pressures. - McKinsey reports 71% of organizations now use generative AI in 2025, but SMEs lag behind large enterprises in scaling AI adoption. - AI adoption delivers measurable ROI, with case studies showing 15-140% productivity gains in sectors like legal, sales, and customer service. - Investors are prioritizing AI-enhanced SaaS platforms that address SME pain points, enabli
