Your browser is out of date. It has known security flaws and may not display all features of this websites. Learn how to update your browser[Close]

Cut-throat


Fiscal competition – blessing or bane?




In a bid to attract companies and wealthy individuals several countries in Europe as well as some Swiss cantons have reduced tax rates considerably over the past few years. The danger is though that lower taxes can also lead to cuts in public spending and vital services. Is it worth the risk?

There is also nothing that guarantees that firms or rich people will stay if they find a better deal elsewhere. So does it make sense to participate in this race from an economic point of view or is it simply kowtowing to the wealthy and big companies? Let us know what you think.

It is only permitted to use a hyperlink to specific SWI swissinfo.ch content on the website of the party requesting the content or the website of a third party. The framing of content from SWI swissinfo.ch is only allowed if it is unchanged, without advertising.

Articles can be copied and used if these guidelines are followed:

The article can only be used if it clearly mentions “[author], swissinfo.ch” For any further use, please send an email to: contact@swissinfo.ch. The editorial content on SWI swissinfo.ch adheres to the guidelines, rights and duties specified by the Swiss Press Council. If content not adhering to those outlined by the Press Council are found on third-party website displaying SWI swissinfo.ch content, SWI swissinfo.ch can demand that all SWI swissinfo.ch content be removed from the corresponding pages.

×