Quote:
Originally Posted by nomadking
You are saying Scotland should increase it taxes? They have control over income tax. Their problem is the amount of spending. They've become too used to the free money from England, just as East European EU countries would struggle without EU funding. Eg Around 4%(net) of Hungary's and Lithuania's economies are funded by the EU. Even Poland gets a net 2.5% boost.
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No I’m saying that the whole system could be reformed to increase investment. The problem with having control of only income tax is that you don’t control other taxes - on dividends for example, or corporation tax, that restricts your ability to meaningfully reform the whole system.
---------- Post added at 14:35 ---------- Previous post was at 14:34 ----------
Quote:
Originally Posted by OLD BOY
The left wing orientated SNP would never agree to help business with tax breaks! Good luck with your view that the Scots would come out of separation smelling of roses simply by tinkering with the tax system.
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An independent Scotland wouldn’t necessarily vote SNP. It’d actually create an interesting situation as it’d force Labour and the Tories to come up with policies for a change.