One of the world’s richest countries has taxed personal wealth for over a century—while also adding more millionaires

Switzerland has long been famous as a haven for wealth, with Swiss bank accounts drawing money from rich people across the globe. On a per-capita GDP basis , the country is the fourth wealthiest in the world at $126,177, trailing only Liechtenstein, Luxembourg and Ireland, which has seen its economic data inflated by multinational companies domiciling there for tax purposes. That’s despite Switzerland’s cantons levying wealth taxes for more than a century.

Source: Fortune Crypto