The insanity of the Swiss (tax withholding system, Basel)

Zurich started wanting advance payments of tax at least 15 years ago, sure other cantons do to,

Thanks!

Looking at the source, I find a different number (5.5%). So I’m a bit confused.

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It seems professional journalism supported by fact-checking stroke here.

Someone added 5.5 +4.4 when it’s only 5.5%. Well, that’s the number.

EDIT: the last paragraph, about that people with enough money to pay but choose not to…

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Did you fact-check :winking_face_with_tongue:

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You got me on that one haha I suspend my disbelief and trust in Deloitte junior consultants.

Well, those average or median wealth numbers are completely biased by non-liquid assets: real estate and 2nd/3rd pillar retirement savings. Asset-rich but cash-poor is a rather frequent situation if not careful enough.