[Sephiroth]

Originally Posted by jfman

The same place any Government gets its money from - taxation. It’s entirely speculative to say that Scotland would automatically have an unsustainable deficit or be unable to borrow. It’s also speculative to say that Scotland couldn’t reform it’s taxation system to make it more competitive against other countries (including the EU countries) to facilitate investment.

I agree it’s less than ideal for England to be governed in such a way. English independence would be an excellent idea - win win for everyone. Unless of course, there’s more to it and all is not as it seems with the figures given by London.

The same place any Government gets its money from - taxation. It’s entirely speculative to say that Scotland would automatically have an unsustainable deficit or be unable to borrow. It’s also speculative to say that Scotland couldn’t reform it’s taxation system to make it more competitive against other countries (including the EU countries) to facilitate investment.

"entirely speculative" is a poor description of Nomad's suppositions, which are obvious to most. Here is some data for you to consider:

https://www.gov.scot/publications/go...%20expenditure.

1. £56 billion gross tax type income (excl. North Sea pittance)
2. £75 billion public expenditure
3. £25 billion Barnett Grant

So you speculate, where's the £25 billion going to come from in a "liberated" Scotland? No manipulation/reform of the tax system there will yield that sum?

Come on - you've got a credibility gap to cross.





---------- Post added at 16:10 ---------- Previous post was at 16:09 ----------

Originally Posted by 1andrew1

It's hard to predict what would happen but I think the IFS report that Pierre highlighted is the best analysis we will find. The added dimensions to this are Brexit and Covid.
I believe Scotland and England are better off in both Unions.

Phew.