Tag: Forta
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Electric Vehicles Tax Plan Sparks Protests in Switzerland
Context: Forta funds under pressure The Forta fund, which finances Switzerland’s national roads and urban traffic, is funded by the gasoline tax. As electric vehicles become more common and fuel revenues shrink, Forta’s reserves have begun to tighten. Officials report that for the first time the reserves fell from CHF 3.83 billion in 2023 to…
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Electric Vehicles Tax Reform Sparks Public Debate
Background: tax reform and shrinking Forta funds The policy debate around electric vehicles has intensified as the Forta fund, which finances the nation’s roads and urban traffic management, faces a cash squeeze. Historically nourished by the gasoline tax, Forta’s reserves have begun to contract, signaling growing pressure to rethink how road maintenance is financed in…
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Electric Vehicle Tax Plan Sparks Backlash
Context: Forta funds and the road funding gap The energy transition is intersecting with public finance in Switzerland as officials confront a widening gap in funding for national roads and urban traffic management. The Forta fund (Fonds pour les routes nationales et le trafic d’agglomération), long sustained by the fuel tax on gasoline, has begun…