St. Gallen rejects FDP’s push to scrap education tax deduction cap
The cantonal government of St. Gallen has rejected the FDP's proposal to abolish the deduction limit for education and professional training expenses. The FDP had argued for unlimited deductions, but the government maintains that the current cap of 13,000 Swiss francs is sufficient.
The FDP's motion aimed to remove the existing cap of 13,000 francs, allowing taxpayers to deduct unlimited amounts for education and training expenses. The St. Gallen FDP has been pushing for this change, citing several cantons with higher limits or no cap at all, such as Thurgau, Aargau, and Basel-City.
However, the cantonal government has concluded that St. Gallen's current limit is competitive nationally and compared to its neighboring cantons. While it's true that some cantons, like Zurich and Bern, allow higher deductions (up to 12,000 and 15,000 francs respectively), the government counters that most cantons have lower or matching limits. Only two cantons, Basel-City and Aargau, have higher deductions than St. Gallen.
The cantonal government of St. Gallen has stood its ground, rejecting the FDP's proposal to eliminate the deduction limit for education and professional training expenses. The government believes the current cap of 13,000 francs strikes a fair balance, considering the canton's position compared to others in Switzerland.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Sleep Maxxing Trends and Tips: New Zealanders Seek Better Rest
- Over 1.7M in Baden-Württemberg at Poverty Risk, Emmendingen's Housing Crisis Urgent
- Life Expectancy Soars, But Youth Suicide and Substance Abuse Pose Concern
