Swiss minister defends VAT rise to fund higher state pension
Swiss social affairs minister Elisabeth Baume-Schneider has defended a proposed increase in value-added tax (VAT) to help finance the 13th annual pension payment. Voters will decide on the measure in a referendum on November 29th. “A ‘no’ would have serious consequences,” Ms Baume-Schneider warned at a press conference in Bern, reported RTS. Without additional revenue, […]