Where does the proposed whisky trade tax fit into this?
- Graham Slater
If Ireland is any example, low tax rate countries usually end up slashing benefits.
So we’re going to have a low-tax, business-friendly Scotland? So much for social democracy then.
- Biscuit McVittie
Has Swinney cleared this with Brussels?
- Clueless Davie
Let’s end the myth about things being free. Free prescriptions and eye tests are funded by the NHS budget. Free university education comes from money taken from the education budget.
Giving businesses tax cuts during periods when the aim of government is to reduce a deficit is nothing short of reckless. Bonuses in the form of tax breaks to one sector will not reduce the deficit. Welcome to Planet Ponzi.
Even with oil revenues this strategy seems like a pipe dream. Maybe the plan is to become another tax haven rather than follow the other oil-rich countries used as examples so often by the Yes supporters.
How can Mr Swinney possibly know that there will be no personal tax rises in an independent Scotland? He doesn’t know what debt and other outgoings he would have to service, and he doesn’t know if he will be in government.
- William Forbes
Given Scotland’s relatively small population, the revenues that are currently raised, as a gross annual figure, would be ample to continue to fund Scotland’s services and ongoing infrastructure redevelopments.
- Am Miorbhuil