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Monday, October 26, 2026Updated 23:19 UTC

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One of the world’s richest countries has taxed personal wealth for over a century—while also adding more millionaires

Source: Fortune · Oct 26, 2026 18:29 UTC

Aerial view of suburban homes and tree-lined streets near Pittsburgh — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

In Zurich, someone with $1 billion in net worth faces a wealth tax with an effective rate of 0.7%.

Read the full story at Fortune

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