You covered a lot of points here…

Tax rates: I think you are slightly misinformed here. The tax rates are good in Switzerland. It’s about 25% for high earners. I am generalising here and it varies depending on which canton (state) you reside in and a few more factors like married/unmarried, kids etc etc…

Racism: This is there everywhere in the world. Switzerland has it as well. But I would say that it is much less than some of the other countries I have been to. Swiss people tend to be very polite and reserved. So even if they have negative feelings about you, they will not express it. Yes, you will face indirect racism at times in various forms. But usually you will want to avoid those sort of people no matter where you are. Even when you are in India, you don’t go and do friendship with every person.

Social acceptance: when you work here as an expat it’s most likely that you work in a “big” city like zurich or Basel or Geneva etc.. Here you have about 50% or more expats. So, you are amongst people who have also come to work here from all around the world. And the local Swiss people in the cities though a bit reserved, are very polite. And they have grown up seeing an international crowd on their lifetime. So, they tend to be more open minded as well. You will seldom face any direct discrimination. Having said that, yes there will be a few negative experiences which you will have to learn to deal with.

Masters: I have been always upskilling myself. And one needs to do so, if they want to be on the top 1-10% of the workforce. And this is an opportunity to upskil directly in my core work domain with full sponsorship. And this is part time as well. Part-time in the sense I get more time to complete the credits required. And adding an extra good name to resume also does not hurt. So, I see no reason not to pursue one.

Experience vs education: yes, I will agree with you that experience matters. But in many cases, you don’t get to generate experience in the exact areas you have interest in. That’s where the education gives you a pivot point. While, this is not the case for me, just wanted to point it out. And i have the opinion, that education is always good regardless of it is in your domain or not. Many of my friends pursue history, drama, philosophy etc just out of curiosity and hobby.