What is the single largest source of income?
What is the single largest source of income? Individual income taxes are the largest single source of federal revenues, constituting over one-half of all receipts.
How rich is the average Swiss?
Switzerland topped the list of countries with the largest per capita wealth last year, a study has found. Thanks to numerous wealthy individuals, average worth in the Alpine country was $685,000 (CHF600,000), according to a study published on Tuesday by UBS and its subsidiary Credit Suisse.
Why is Switzerland so rich?
Strong Economy and Financial Sector Switzerland has a highly developed economy that is largely based on its strong financial sector. The country is home to several of the world's largest banks, including UBS and Credit Suisse, as well as numerous insurance companies and wealth management firms.