More than CHF8 million spent on March 8 vote campaigns

Over CHF8 million spent on the March 8 campaign. Keystone-SDA

Supporters and opponents of the four issues to be put to the vote on March 8 have announced sums totalling CHF8.75 million ($11.25 million), according to the Swiss Federal Audit Office on Friday.

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The “CHF200 is enough!” initiative, which wants to reduce the annual television and radio licence fee of the Swiss Broadcasting Corporation (SBC) from CHF335 to CHF200, is attracting the most support, with CHF5.77 million pledged.

The second vote is on the climate fund initiative, which calls on the government to allocate between 0.5% and 1% of GDP to climate investments. Some CHF2.04 million was declared in favour of this initiative.

Then CHF940,000 was declared for the federal law on individual taxation. Parliament’s reform aims to abolish the “marriage penalty” and proposes that married couples file two separate tax returns.

+ Swiss votes on March 8: what’s at stake?

Supporters and opponents of the cash initiative, which wants to guarantee supplies of coins and notes and the use of the franc as the national currency, have not declared any amounts.

Politicians must declare campaigns with budgets in excess of CHF50,000 and donations in excess of CHF15,000.

Adapted from French by AI/ts

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