BASEL, Switzerland — The Latest on Switzerland’s referendums on Sunday (all times local):<br />Early returns show that Swiss voters have rejected a complex tax reform initiative<br />which had aimed to put Switzerland in line with international standards.<br />Early returns show Swiss voters want to make it easier for "third-generation" foreigners to get Swiss citizenship.<br />Swiss broadcaster SRF said Sunday’s projections showed<br />that the "simplified naturalization of third-generation immigrants" measure passed in a national referendum.<br />Experts say that means that overall rates are likely to be set higher — which would<br />be a disincentive to companies that bring in jobs and ultimately tax revenues.<br />The citizenship referendum was the latest installment of Switzerland’s direct democracy that gives voters a frequent say on political decisions.<br />The Latest: Swiss Voters Reject Tax Reform Initiative -<br />By THE ASSOCIATED PRESSFEB.
