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Originally Posted by jfman
What the SNP (or any of the other parties quite frankly) would legislate for in the UK Parliament doesn’t necessarily equate to what they would do give the economic circumstances of an independent Scotland.
Your post is an entire red herring. You’re also ignoring the jobs that such companies would create - increased income tax, spending, VAT, and the full cycle of the economy that would be impacted.
Part of the UK aren’t great economically because they’re being failed by a London based Government that rules for the financial sector and the south east. I thought that’d be obvious?
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So where do the SNP say they are in favour of lower corporation taxes only for Scotland?
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The Scottish government has abandoned its plan to cut corporation tax, one of the SNP’s most controversial proposals of last year’s independence referendum campaign, as it announced a new economic strategy that “puts the quest for greater equality at its heart”.The plan to slash corporation tax to 3p below the UK rate was one of the flagship policies of the SNP government’s white paper on independence, and strongly advocated by Alex Salmond, but proved unpopular with centre-left voters who saw it as pandering to big business and precipitating a “race to the bottom” if the UK matched the lower rate.
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But those areas still have lower wages, corporation tax, and property costs. What part of London and the South East were Northern Rock based in? Same goes for other building societies and banks.
More recently Oct 2019.
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The commission also recommended a ‘careful’ assessment of the impact of business taxation on economic growth performance, with a recommendation that corporation tax levels remain on par with those of the rest of the UK. This particular recommendation was noteworthy at the time as it marked a significant departure from the SNP’s pre-2014 policy to reduce corporation tax levels as a means of attracting investment into an independent Scotland.
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