Plural • Solution #15 for Modernizing the tax system
Solution #15
A transaction tax of only 0.2–0.4% on every single bank transaction (including cash withdrawals and deposits) could replace all other taxes and even the tax return. Moreover, it would be very fair because the rich would pay more (more transactions).
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G. F.
1 day ago
A transaction tax of 0.2–0.4 % as a replacement for all taxes sounds simple and fair. However, many money movements do not automatically imply high economic performance, as required by Article 127(2) of the Federal Constitution.
Moreover, it remains unclear: Who will be taxed? Individuals, companies, or both? Taxing companies raises the cost of economic activity and indirectly burdens customers and employees. A pure individual tax, on the other hand, creates new inequalities and avoidance opportunities.
Transactions are necessary for a functioning economy. Capital should flow to where it is used most effectively. A tax hinders this flow. For example, with a mortgage, even interest payments and amortizations would be taxed additionally, even though no new value is created.
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M. F.Author
22 hours ago
Of course all transactions by private individuals as well as companies would be taxed equally.
However your assumption is based on a fundamental error: you already pay a “transaction tax” with VAT. At 8.1 % it is not exactly small. So 0.4 % hurts you much less, doesn’t it? The large taxpayers would then be those who, for example, speculate on the stock market. 0.4 % on 10 million in a single transaction is in absolute terms much more than 0.4 % on a 300‑400 000 transaction volume of an average Swiss per year.
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A. K.
2 days ago
The micro tax. From my point of view, this would be the best and fairest.