Switzerland Plans Tax Hike To Finance Defense Modernization

swiss
Credit: U.S. Army
The Swiss government has signed off on a plan to hike value added tax rates to raise funds to cover security needs. The move is among the clearest signs of how governments expect to confront higher defense outlays for the foreseeable future and wrestling with how to cover those bills. It comes after...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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