The price of solidarity – Switzerland’s inter-cantonal payments for 2019

Summary:
In Switzerland, much in life revolves around the canton. Cantons have their own health, social and education systems, parliaments and tax rates. Federal government, based in Bern, is a layer that sits over the top, bringing the cantons together as Switzerland. For some cantons, nationhood has a cost. For others it means extra money. Every year, based on a collection of complicated formulae, the federal government calculates how much certain cantons must pay other cantons, a kind of solidarity transfer. Today, the inter-cantonal transfers for 2019 were published. At the same time, the Federal government puts money into the transfer pot – in 2019 it will put in 3.4 billion francs, by far the largest contribution.

Topics:
Investec considers the following as important: 3) Swiss Markets and News, Canton tax Switzerland, Editor's Choice, Featured, newsletter, Personal finance, Tax Switzerland

This could be interesting, too:

Investec writes Swiss health care costs continued to rise in 2022

Investec writes Swiss parliament rejects adding dental care to basic insurance

Vibhu Vikramaditya writes Navigating the Slippery Slope: How Hoover’s Interventions Paved the Way for the Great Depression

Ryan McMaken writes Frédéric Bastiat Was a Radical Opponent of War and Militarism