The Geneva Council of State defends the cantonal tax reform, up for vote on November 24. According to him, more than half of taxpayers who pay income tax will benefit from a tax cut of at least 10%.
The drop will be 8.8% for people with the lowest taxable income and 5.3% for taxpayers with the highest income, Nathalie Fontanet, president of the Council of State and minister, told the media on Wednesday. of Finance. It will rise to 11.4% for the taxable income bracket ranging from 76,812 to 125,793 francs. The average drop will be 8.7%.
In an intercantonal comparison, Geneva will remain far last in the ranking for very high incomes. We are far from the tax haven denounced by opponents,’ underlined the State Councilor. Included in the government’s 2023-2028 legislative program, this reform aims to restore purchasing power to the population.
The tax cut will cause the canton to lose 326 million francs in revenue and 108 million for the municipalities. A bill plans to allow the latter to constitute a temporary reserve, in order to be able to present deficit budgets.
Increased capacity
The government also defends the modification of the law on Geneva public transport, attacked by referendum. ‘The Council of State wishes to have more flexibility on the pricing of certain offers,’ declared Pierre Maudet, in charge of the Department of Health and Mobility (DSM). And to emphasize that the Grand Council will retain a lever of control via the four-year service contract.
The Council of State also reaffirmed on Wednesday its support for the pedestrian bridge project along the Mont-Blanc bridge intended to increase its capacity by separating modes of transport. The canton voted 13 million for its construction, but the net credit of 27 million from the City of Geneva was the subject of a municipal referendum.
In the same vein, the executive calls for support for the widening of the highway between Le Vengeron and Nyon (VD), one of the six projects planned in the 5.3 billion envelope voted by the Federal Chambers. This section is the first stage of the project aimed at adding two lanes to the bypass highway to Perly, indicated Mr. Maudet.
On the other hand, the Council of State calls for rejecting the modification of the federal law on health insurance, which unifies the financing system for inpatient and outpatient care. ‘This reform improves nothing and weakens the role of the cantons,’ declared Pierre Maudet. It will generate additional costs of 40 million for Geneva.
/ATS
