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Fiscal Framework

This tag is associated with 2 posts

Let’s hope John Swinney has his wits about him. This is the most important week for public finances since the Barnett Formula was introduced in 1978.

THE discovery of gravitational waves involved decades of effort by some of the greatest scientific minds using mathematics of breathtaking complexity. Perhaps now they have confirmed Einstein’s relativity hypothesis, they could turn their attention to another issue of mind-bending difficulty: the fiscal framework for income tax devolution. I know: the debate about Scotland’s financial black … Continue reading

Kezia’s Penny for Scotland is too contrived; but she’s right to start the debate.

The Scottish Labour leader, Kezia Dugdale, is to be congratulated for putting her money where her mouth is and calling for an increase in taxation in Scotland to raise half a billion pounds for public services. This is heroic stuff. It is a long time since Labour has gone into an election campaign promising to … Continue reading

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