Tax Expenditures. The Big Black Box

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Op-ed, Handelszeitung. CEP fellow Agustin Redonda zooms in on tax expenditures in Switzerland, and highlights the lack of transparency on what amounts to 21-25 billion CHF in revenue foregone for the Swiss federal government, i.e. a third of federal government revenues, due to tax exemptions, deductions, reduced tax rates etc. Read the full op-ed (in German) here.