JOHN Swinney has been ordered to reappear before a Holyrood committee, after leading academics cited by the finance secretary in the SNP's case for fiscal autonomy were unable to back up their claims that it would boost Scotland's economy.Not very professional. But not unexpected.
Wednesday, January 12, 2011
You'll just have to trust us on this one...
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I would suggest the litimus test over fiscal autonomy is to strip the Crown Dependencies of their control over income tax, VAT (or GST as they call it in the Channel Islands), corporation tax etc and put them in line with the UK and see the effect it has on their economies-------
Be quite interesting whether all those financial institutions, holding companies etc will stay in those circumstances.
The full benefits of being part of the UK - their economies reduced to tourism and pasture!
Maybe we should send Profs Hallett and Drew Scott out there, armed with their customary backs of matchboxes and pencils, to do the relevant research?!
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