Switzerland: Vaud canton approves tax cut despite budget deficit
Vaud voters adopted the "12%" initiative to reduce taxes, backed by the FDP.The Liberals.
Published 6sem1 sourceNotable
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356 million
The canton’s 2027 budget already showed a deficit of 356 million Swiss francs
The fact
The canton’s 2027 budget already showed a deficit of 356 million Swiss francs.
This decision forces the government to revise its financial forecasts.
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