{"id":96313,"date":"2021-04-28T17:40:24","date_gmt":"2021-04-28T17:40:24","guid":{"rendered":"https:\/\/swissfederalism.ch\/nei-cantoni-di-svitto-e-zugo-milionario-un-abitante-su-otto\/"},"modified":"2021-05-26T14:05:04","modified_gmt":"2021-05-26T14:05:04","slug":"one-in-eight-residents-in-the-cantons-of-schwyz-and-zug-is-a-millionaire","status":"publish","type":"post","link":"https:\/\/swissfederalism.ch\/en\/one-in-eight-residents-in-the-cantons-of-schwyz-and-zug-is-a-millionaire\/","title":{"rendered":"One in eight residents in the cantons of Schwyz and Zug is a millionaire"},"content":{"rendered":"

One in eight residents in the cantons of Schwyz and Zug is a millionaire<\/h1>\n

According to an article in the periodical “SonntagsBlick”, two central Swiss states have made the most of tax competition with cities<\/em><\/h3>\n

One in eight residents of the Swiss cantons of Schwyz and Zug is a millionaire, according to an article in the “SonntagsBlick” magazine.<\/p>\n

The Swiss newspaper published the results on Sunday, April 25, based on an analysis of government statistics that include tax and wealth data.<\/p>\n

Nicola Zanni: “In Zug, if you want it and work hard, you get it all.”<\/strong><\/a>
\nCanton Zug is not content: taxes even lower…<\/strong><\/a><\/p>\n

Located in central Switzerland, Schwyz and Zug have significantly lower personal tax rates than larger, more densely populated cantons such as Zurich and Geneva.<\/p>\n

Christoph Schaltegger, professor of political economy at the University of Lucerne, said such examples show that tax competition between cantons is a good thing.<\/p>\n

\"Il
The Dominican monastery Sankt Peter am Bach in Schwyz<\/figcaption><\/figure>\n

Switzerland paradise of the purchase of goods and services online<\/strong><\/a>
\nThey climb to quota three hundred and thirty thousand the Paperoni in Switzerland<\/strong><\/a>
\nIn high the incomes of the Swiss households, but…<\/strong><\/a><\/p>\n

\"La
The lower part of the city of Zug or Unterstadt<\/figcaption><\/figure>\n

Growth from 11 millionaires per 1,000 inhabitants in 1969<\/h4>\n

“It gives remote and structurally weak regions the opportunity to assert themselves against attractive urban centers,” he told the SonntagsBlick.<\/p>\n

Across Switzerland, the number of millionaires per 1,000 taxpayers was 62 in 2017, the newspaper reported.<\/p>\n

Schwyz and Glarus, Lost Semicantons of Swiss History.<\/strong><\/a>
\nWaldst\u00e4tte and the “forest” cantons at the dawn of Switzerland…<\/strong><\/a><\/p>\n

This has increased considerably from eleven per thousand in 1969.<\/p>\n

Residents of Baar, a small town in the Z\u00fcrich hinterland, pay about 7.5 percent in personal taxes for every 100,000 Swiss francs ($109,450) of income, according to the tax return preparation service Transforma AG.
\nGeneva residents pay roughly 16 percent in taxes.<\/p>\n