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Swiss voters approve global minimum corporate tax, climate goals

The snow-covered peaks of Bernese Oberland are seen behind Lake Zug and the city of Zug, Switzerland, on 20th August, 2020.

Zurich, SwitzerlandReuters Voters in Switzerland on Sunday approved the introduction of a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, public broadcaster SRF reported. The results showed almost 80 per cent of those who voted in Sunday’s national referendum backed raising […]

“Tax us”: World’s super-rich call for wealth tax to fund coronavirus relief

Jerry Greenfield Ben Jerrys

New York City, USThomson Reuters Foundation A group of the world’s super-rich including heiress Abigail Disney and the co-founder of Ben & Jerry’s urged governments on Monday to raise their taxes to help impoverished populations survive the coronavirus and its economic fallout. In an open letter, the 83 individuals with net worths of tens or […]

Pay more tax to fight climate change? British district puts it to the vote

Cumbria England Sheep

London, UKThomson Reuters Foundation A British district has said it will ask residents whether they would be willing to pay more tax to help it become carbon neutral by 2030, in a first-of-its-kind referendum. Warwick District Council wants to raise an extra £3 million a year to pay for green measures including energy-efficient social housing […]