The FT has costed Scottish independence at £1,765 per person per year. But didn't they say something similar about Brexit?
Quote:
An independent Scotland would inherit a large hole in its public finances because lower than expected tax revenues, Brexit and the coronavirus crisis have increased the country’s budget deficit, according to a Financial Times analysis.
A significant deterioration in Scotland’s fiscal position since the country’s independence referendum in 2014 suggests it will face a persistent deficit of almost 10 per cent of gross domestic product — well ahead of international norms — if the country is to leave the UK by the middle of this decade.
Based on the pro-independence Scottish National party’s previous assumptions, this would mean Scotland needed to raise taxes or cut public spending annually by the equivalent of £1,765 per person in the period after exiting the UK so as to narrow the deficit to sustainable levels.
This in turn highlights how Scotland’s transition to a stable, advanced economy would be more difficult compared with when the 2014 referendum was held.
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https://www.ft.com/content/ff6c0f6b-...a-878e2260cf3e
Non-subscribers shoud Google "Independent Scotland would face a large hole in its public finances"