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Should high capital income be taxed more to reduce taxes on salaries?

Should high capital income be taxed more to reduce taxes on salaries?
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VoteWorld community

  • Yes 0% (0)
  • No 0% (0)

VoteWorld community: 0

Official result — Switzerland

  • Yes 35.1% (987045)
  • No 64.9% (1823262)

Official result — Switzerland: 2810307

Official Swiss vote totals are shown separately from live VoteWorld votes. Official source: https://swissvotes.ch/vote/646.00. Imported: 2026-05-30.

More info

AI-generated summary, admin reviewed: This initiative proposed taxing high capital income more heavily than employment income. Capital income such as interest and dividends above a threshold to be decided later would count as 150% of its actual amount when calculating tax. The campaign suggested a threshold of CHF 100,000. Additional revenue would be used to reduce taxes on people with low or middle employment incomes or to finance social benefits. Supporters argued that income from wealth should not receive more favourable treatment than income from work. Opponents warned that the unclear threshold could affect business owners, investment and company transfers. Swiss voters rejected the initiative.
Seed source: Swissvotes federal popular vote dataset.
Swissvotes page: https://swissvotes.ch/vote/646.00
Official result data: https://www.bk.admin.ch/ch/d/pore/va/20210926/can646.html
Vote date: 2021-09-26
Original Swissvotes English title: «99% Initiative» (Initiative «Reduce tax on salaries, tax capital fairly»)
Original German title: «99%-Initiative»
Swissvotes short-description title: Höhere Kapitalbesteuerung erhält nur aus dem linksgrünen Lager Unterstützung
Original French title: «Initiative 99%»
Official English explanatory information: http://web.archive.org/web/20210926041520/https://www.admin.ch/gov/en/start/documentation/votes/20210926/federal-popular-initiative-reduce-tax-on-salaries-tax-capital-fairly.html
Official German explanatory information: https://web.archive.org/web/20210919230829/https://www.admin.ch/gov/de/start/dokumentation/abstimmungen/20210926/volksinitiative-loehne-entlasten-kapital-gerecht-besteuern.html
Official French explanatory information: https://web.archive.org/web/20210919230127/https://www.admin.ch/gov/fr/accueil/documentation/votations/20210926/initiative-populaire-alleger-les-impots-sur-les-salaires-imposer-equitablement-le-capital.html
Année Politique Suisse description: https://anneepolitique.swiss/prozesse/60262
Department information (German): http://web.archive.org/web/20210918203348/https://www.efd.admin.ch/efd/de/home/das-efd/gesetzgebung/abstimmungen/99-prozent/99-prozent-dossier.html
Department information (French): http://web.archive.org/web/20210922182749/https://www.efd.admin.ch/efd/fr/home/le-dff/legislation/votations/99-prozent/99-prozent-dossier.html
easyvote explainer video (German): https://www.youtube.com/watch?v=BnvUXcyF3Eo
easyvote explainer video (French): https://www.youtube.com/watch?v=I8sS_8FYYls
Post-vote analysis cockpit (English): https://www.gfsbern.ch/de/news/vox-analyse-die-frage-nach-gerechtigkeit-praegte-die-abstimmung-vom-26-september/
BFS result map (German): https://mapexplorer.bfs.admin.ch/?obs=politic&lang=de#c=indicator&i=vp20210926.prop_oui_646_0
BFS result map (French): https://mapexplorer.bfs.admin.ch/?obs=politic&lang=fr#c=indicator&i=vp20210926.prop_oui_646_0
Official chronology (German): https://www.bk.admin.ch/ch/d/pore/vi/vis479.html
Official chronology (French): https://www.bk.admin.ch/ch/f/pore/vi/vis479.html