The association of Geneva municipalities (ACG) does not want the tax cut desired by the Council of State. She wrote to this effect to Nathalie Fontanet, the boss of Geneva finances. The municipalities proposed an amendment, summarized as follows: OK to reduce cantonal taxation, but do not touch the additional cents, i.e. the municipal share of the tax. The PLR elected official refused, reports “Le Temps”. The ACG therefore plans to directly contact the deputies, who will be called upon to express their opinion urgently on the government’s project on Thursday.
As a reminder, the executive is defending a tax cut ranging from 5.3% for the highest incomes to 11.3% for the middle classes. With regard to the latter, i.e. the vast majority of taxpayers, “its effects would be deployed for singles, from 34,510 francs to 191,473 francs of taxable income, and for married couples between 47,869 francs and 410,775 francs of taxable income.
If it were voted on as is, this project would cause communities to lose 434 million francs in tax revenue, including 108 million for municipalities.
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