Switzerland’s hidden redistribution machine gets bigger

Switzerland’s hidden redistribution machine gets bigger
Switzerland’s elaborate fiscal equalisation system rarely attracts much public attention. Yet the latest figures from the federal finance administration suggest the country’s regional divides are widening faster than Bern had expected. On June 9th the federal government announced that equalisation payments to the cantons would rise sharply in 2027, climbing by CHF 527m ($640m) to […]