PPRuNe Forums - View Single Post - Direct rule from Scotland?
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Old 24th Apr 2015, 17:41
  #63 (permalink)  
Tengah Type
 
Join Date: Oct 2010
Location: S W France
Age: 80
Posts: 262
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Alwayslookingup #56

If Scottish Government income was reduced to the level of UK per capita income it would mean a cut of 7.3 Billion per annum. Even if the whole 4.745 Billion of Oil and Gas Revenue ( Including the Southern North Sea ) was allocated to Scotland it would still leave a shortfall of 2.5 Billion. As Scottish average income is some 10% lower than in England, Tax rates would have to rise in Scotland to pay for it, or expenditure reduced.

Meanwhile I will enjoy my Tax cut.

" How hard is that to accept? " - Not very hard at all.
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