Switzerland plans tax hike to revamp military

Jan 29th 2026 7:56am EST

Europe’s only internationally recognized neutral state claims it needs stronger security amid a “deteriorating geopolitical situation” Switzerland plans to raise value-added tax to fund a major military expansion and modernization, the government has announced, citing growing security threats. The money would be earmarked for upgrading the armed forces, missile defenses, cybersecurity, and border protection. Long […]

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