‘While the Scottish government is introducing more progressive taxes, the US is in the process of passing a controversial bill which cuts tax bigly for the rich’. Jackie Kemp, now based in Boston, Mass., saees merits in both systems…
‘It remains to be seen whether or not the UK government will invest in the future of the Highlands to the level the EU has done. If it doesn’t, it seems likely that many will leave in search of opportunities elsewhere – a scenario with a long and regrettable history in the Highlands.’
“It’s not an English problem any more than it’s a Scottish one, it’s a problem for us all.” Alan Milburn’s research report The Elite of Scotland revealed some uncomfortable facts of life in a nation that prides itself on fairness.
‘Under the Scottish Government’s proposed income tax policy, everyone earning under £33k will pay less tax in 2018/19 than they did this year (2017/18). BUT part of this is due to the increase in Personal Allowance, which would have happened anyway, i.e. irrespective of any announcement made by Mr Mackay today.’
‘… the challenge remains for Derek Mackay as to how best to balance his resource budget with major commitments like additional support for the NHS, more money for childcare and public sector pay uplifts all to be paid for.’
“It is cartoon politics to portray Westminster as the baddie in respect of funding and powers for councils when there is a steadfast refusal by Holyrood to use its powers to prevent cuts to councils..” Gordon Munro on the funding crisis facing Scottish councils.
‘ I would advise any Scottish government to aim broadly to balance the budget. At present, without support from Westminster, Scotland would be running a large deficit. If the proponents of independence want to increase their economic credibility, now is the time to start setting out how that deficit could be closed’.
‘The Index goes beyond a simple measure of GDP growth in trying to determine relative changes in well-being across similarly developed countries. Indeed, given the tenuous link between government policy and short term economic growth, the Index is better suited to identifying areas which government can influence in order to improve the economic fundamentals’.
The upcoming budget debate is an important opportunity for policymakers from all sides to set out what they would do, yes on taxation, but also on expenditure and growth. The new income tax powers provide some measure of relief, but it’s far from the only game in town’.
‘And while England’s Brexiteers prepare to sign a blank cheque to gain their version of independence at any price, what are the chances of Scotland gaining control over its own post-Brexit destiny?’