In the canton of Lucerne, companies should continue to pay less tax than elsewhere. In its new financial mission statement, the cantonal government has stipulated that Lucerne wants to remain attractive from a tax point of view and that the canton does not spend more money than it earns.
The new financial model replaces the one from 2017, when the Canton of Lucerne was going through difficult financial times. Today he has four positive accounts in a row behind him. The government stated in a statement on the occasion of the presentation on Friday that the starting point for the new mission statement was completely different.
The new mission statement also includes five principles. Above all, the new situation required adjustments to the implementation of certain measures, said Lucerne’s finance director Reto Wyss (middle) to the media.
The canton of Lucerne has done its homework on fiscal policy well, said Wyss. “Today we are well positioned.” The objectives of the 2017 financial model were achieved and the scope for action in terms of financial policy was restored. And this should be retained. “We are happy if we have a buffer to ensure the supply of health and the economy,” said Wyss.
Canton should strengthen its own financial power
It sounds simple, said Wyss, but the goal is not to spend more than the canton takes in. The financial situation will continue to be fraught with uncertainty. In order for the Canton of Lucerne to be able to stay on course financially, it has developed this compass, the new financial model.
For example, the canton should strengthen its own financial strength and thus its financial independence. “We want to become more independent of national financial equalization,” said the finance director. It’s also about taxes.
Government wants tax law revision
Income from natural persons should be taxed below the Swiss average, and their assets significantly lower. When it comes to profit tax, Lucerne should hold a top position.
The government is planning a tax law revision. According to Wyss, however, this will not follow before 2024. Individuals with low incomes should be specifically relieved, as should companies that would be burdened more heavily by the OECD minimum tax, for example. However, only possible income from the minimum taxation should be used for this purpose.
The government intends to continue to carefully plan contributions from the Swiss National Bank (SNB) in the future. “We want to be able to cope with a loss of SNB funds for two years,” said Wyss. If the SNB pays out more than planned, this money should serve to reduce net debt and strengthen the compensation account.
strengthen position on the labor market
The government devotes a further focus to personnel. The canton should offer competitive employment conditions and strengthen its position on the labor market. According to the Finance Director, concrete proposals should be available next year.
Furthermore, the canton should prioritize its services and use the leeway for strategic priorities and manage its debts with foresight. Ultimately, he should ensure that the communities are independent, capable of acting and responsible for themselves.
The mission statement will then be submitted to the Cantonal Council for information. (SDA)