the problem how i understood is, that we are not only talking about cash money but also money that is in businesses. family owned businesess may then be forced to sell their business to shareholder owned foreign corpos, because they could not afford it due to the tax. that sparked some major fear among voters. the result was not even close, it was 78% No! thats hughe and beyond any left/right worldview, not a single canton voted yes, that alone is a clear indicator that this bill was not very well-thought-out

Not that insane. Most people only concern themselves with their own issues. And if you're a 40 year old whose childhood home is now worth 500k or whatever and you have to pay 200k in taxes in order to inherit it, then you probably want to vote against it because otherwise the government will take it.

Okay, take all that with a grain of salt because I'm not too familiar with inheritance law, but it's based on multiple similar stories I've heard from people.

I still think it should be taxed, don't get me wrong. But I understand why people are against it.

with the revenues to be used to fight the impact of climate change and help Switzerland meet its ambitions to have net-zero greenhouse gas emissions by 2050.

Maybe the people wanted to have actual social services provided to them instead of climate action.