Second worst results in modern Swiss history
Swiss voters Sunday overwhelmingly rejected an initiative that would have scrapped the Alpine country’s value-added-tax system and replaced it with a carbon tax. Roughly 92% of voters opposed the initiative while 8% supported the measure.
The initiative would have encouraged Swiss households to use renewable energy sources, including solar and wind, which would have been exempt from taxes. The initiative, which was introduced by the Green Liberal Party of Switzerland, was designed to help lower carbon emissions and reduce global warming. –Neil Maclucas, The Wall Street Journal, 8 March 2015
A proposal replacing the main consumer tax with a new levy on non-renewable energy has suffered a blistering defeat in Sunday’s nationwide ballot. The proposal by the Liberal Green Party won only 8% of the vote, according to final official results. Sunday’s result was the second worst in modern Swiss history. —Swiss Info, 8 March 2015
h/t to The GWPF