I see people wanting to move to Lugano but don't realize that even if you live in one the lowest tax municipality in Ticino like Porza (assuming 1M income/10M wealth)︀ you'll pay 44,5% tax effectively (income+wealth+SS combined against gross income) without any deductions whatsoever... Definitely︁ not a tax haven unless you choose for the lump sum taxation
It's still better︂ than West EU countries where they tax you at least 55%+ effectively, 20-25% VAT and︃ crazy registration car tax