Use large inheritances for redistribution and thus promote meritocracy.

The largely tax-free inheritance of very large fortunes in Switzerland cements inequality of opportunity and contradicts modern meritocratic values. An inheritance tax on millionaires creates a necessary equalization of opportunities and strengthens the performance society for future generations.

Problem

• When large fortunes are passed down across generations almost unchanged, de fact…: When large fortunes are passed down across generations almost unchanged, de facto economic dynasties arise.
• Wealth through inheritance undermines the principles of a meritocratic order, in…: Wealth through inheritance undermines the principles of a meritocratic order, in which success should primarily be based on skills, work, and responsibility.
• Around CHF 100 billion is inherited annually in Switzerland – more than the enti…: Around CHF 100 billion is inherited annually in Switzerland – more than the entire federal budget. But inheritances are extremely unequal: two-thirds of the sum go to only 10% of heirs. This massively…
• In Switzerland, up to 80% of the super-rich have acquired their wealth through i…: In Switzerland, up to 80% of the super-rich have acquired their wealth through inheritance – far more than in countries like the USA (about 30%). Modern dynasties emerge that control capital without h…
• Inheriting is now mostly a matter for retirees. Only about one-fifth of heirs ar…: Inheriting is now mostly a matter for retirees. Only about one-fifth of heirs are under 50 years old. Capital remains with the oldest generation instead of flowing into education, start-ups, or innova…

Solution

• Very large inheritances are taxed, everything below remains tax-free. This prote…: Very large inheritances are taxed, everything below remains tax-free. This protects normal family wealth while extremely concentrated fortunes contribute to the common good.
• The revenues are used to reduce taxes for low incomes, so that more people have …: The revenues are used to reduce taxes for low incomes, so that more people have the chance to build wealth, which improves society's resilience.
• For the national inheritance tax to reach its full potential and not lead to cap…: For the national inheritance tax to reach its full potential and not lead to capital flight, Switzerland must actively promote an international minimum inheritance tax for multimillionaires (modeled a…
• At least half of the revenues are used to reduce income taxes so that work is re…: At least half of the revenues are used to reduce income taxes so that work is rewarded and more people can build wealth.

Benefit

• Strengthening meritocracy, performance remains the central driver of social succ…: Strengthening meritocracy, performance remains the central driver of social success. Large fortunes that are transferred purely by chance lose structural influence.