Basel Pharma Town Treats the Inheritance Tax as a Headquarters Risk

BASEL - Life-sciences employers and officials in Basel-Stadt treated the Initiative for a Future as a headquarters risk, even if few employees sit above the CHF 50 million line themselves. Succession in privately held suppliers, they said, is where a tax becomes a sale.

Unions in the chemical sector were split between climate sympathy and job fear. That split is the city's politics in miniature.

Fasnacht is a long way off

Basel will vote like an industrial town that also has a left. The mix usually produces a no on this kind of text. The polls agree.